Saturday, January 7, 2012

Your Paycheck in 2012 - After Stealing from Social Security - Page 1 - Political Calculations - Townhall Finance

Your Paycheck in 2012 - After Stealing from Social Security - Page 1 - Political Calculations - Townhall Finance: How much money will you really take home from your paycheck in 2012?

To find out, we've created the tool here so you can run the numbers that matter the most for you!

In addition to finding out how much money Uncle Sam will be taking straight out of your paycheck for income tax withholding and FICA (which we've broken down into your Social Security and Medicare tax components), our tool will also work in your 401(k) or 403(b) retirement plan contributions, as well as the effect of any flexible spending account arrangements you may have set up through your employer.

Better yet, our tool will also let you see how you take home pay might change if you earn a raise during the year!

See original work for more on this and other stories.

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