Page 17 - 12202017 Bryant Test 2
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Comparisons of after-tax savings to pre-tax savings:
Based on married and 1 withholding allowance
Example - 6% After Tax Saving Example - 6% Pre - Tax Saving
based on a married individual claiming - 1 based on a married individual claiming - 1
Gross Wages (monthly) $ 3,500.00 Gross Wages (monthly) $ 3,500.00
After Tax Savings $ 210.00 Pre Tax Savings $ 210.00
FICA (SS & Medicare) $ 267.75 FICA (SS & Medicare) $ 267.75
Fed Income Tax $ 408.00 Fed Income Tax $ 372.00
State Tax $ 105.40 State Tax $ 90.95
TAKE HOME PAY $ 2,718.85 TAKE HOME PAY $ 2,769.30
Take Home Pay Take Home Pay
$2,718.85 $2,769.30
Saved $50.45/mo
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