Anonymous wrote:I know this is rather meaningless because everyone has different income, taxes, and deductions, but I’m just curious to see how everyone’s net pay compares to their gross.

My net pay is about half my gross. However, some of that is due to contributing the max amount to my Roth 401(k).

My gross pay is ALWAYS higher than my net pay.

No idea. I do know I pay lots of taxes even though my effective tax rate is around 22% with income around 500K. Lots of write offs and tax shelters as a business owner.

My net is about 55% of gross. It was a little higher, but I started catchup contributions this year.

Both of ours are super low, less than half probably.

I take out additional taxes to compensate for the discrepancy in our incomes (his far outpaces mine, so the tax obligation on my income is much higher than the tax obligation that consider my check alone). We both do 401K but he maxes the match and contribution and I only max the match. My husband also contributes to an employer savings plan, a stock plan (15% of his check), and an HSA. There may be one more thing he contributes to (his benefits are stellar). His checks go up in June due to maxing out ss and medicare taxes. Mine always stay the same unless I have an overload payment (which happens sometimes due to the nature of my work).

Gross 90k
Net 66k

Mine is almost exactly half. I bring home 62k/year and make 121k. I max retirement, pay for health insurance, deduct for a health FSA, and of course pay taxes.

70% of gross, but we have to pay for our own healthcare.

My net is about 30% of my gross - after health insurance, FSA and retirement, which includes the over 50 catch up.
It’s pretty sad.

I net about 60% of my gross

Anonymous wrote:I know this is rather meaningless because everyone has different income, taxes, and deductions, but I’m just curious to see how everyone’s net pay compares to their gross.

My net pay is about half my gross. However, some of that is due to contributing the max amount to my Roth 401(k).

Mine is also about half after retirement, healthcare, child care FSA, and taxes

Made $10k last year from which $1000 went to DC, Feds ($44, so sad), SS and Medicare. Usually I get it back and then some as I file HH.

My net pay is about 55% of my gross. But a lot of that is b/c retirement deductions, funding FSAs, health benefits, etc.

Anonymous wrote:$100k per month
$50k approx. easy math.

I wasn’t looking for the math, I was wondering how gross vs. net compares to others. The subject line got screwy.

$100k per month
$50k approx. easy math.

I know this is rather meaningless because everyone has different income, taxes, and deductions, but I’m just curious to see how everyone’s net pay compares to their gross.

My net pay is about half my gross. However, some of that is due to contributing the max amount to my Roth 401(k).