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IRS Releases Covered Compensation Tables for 2002
Internal Revenue Service [IRS] 
[Official Guidance] Nov. 20, 2001 "Covered compensation is 'the average of the contribution and benefit bases in effect under section 230 of the Social Security Act (the 'Act') for each year in the 35-year period ending with the year in which the employee attains social security retirement age.... For purposes of determining covered compensation for the 2002 year the taxable wage base is $84,900." MORE >> |
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