Please share your net income as it compares to HHI.

[Anonymous]

I was just reading a past thread on HHI/net income and it seems like mine doesn't match. Although I haven't owed the IRS in recent years.

HHI: $145-$155k (depending on a bit of freelance work)
Take home: $8900/month. This is after medical premiums for 3 (they are very low though), pre-tax parking, and 401k to the match for me (DH has an automatic 10% contribution).

Is this the norm? please share your net income v. HHI
We live in DC, fwiw

[Anonymous]

Our HHI is also $155k, but we take home $6k/ month. Our retirement contributions are fairly high (not maxed though).

[Anonymous]

Our HHI is $210k
Our net is $120k or $10k a month.

We live in NoVA, work in DC, max two 401ks up to the IRS limit, max a dependent care spending account and have premiums for health and dental insurance. So technically we net another $400ish a month after I file for the money from the spending account, but I file for it in a lump sum and use it to fund the 529 up to the VA tax benefit for one account.

[Anonymous]

HHI is 157K; Net is 85K, but I am paying back a 401K loan.