What % do you take home???

he still stands

48%

Can anybody beat that?

Spousal support makes me want to tear out my eyeballs. I didn't even cheat or do anything f'd up. I have enough $$$ to pay my mortgage and that's about it. I guess bankruptcy is in my future.

Life is precious...

dunkman

about 75%... depends on how ugly they are/or how drunk i was... and vice versa.

he still stands

dunkman wrote:

about 75%... depends on how ugly they are/or how drunk i was... and vice versa.

hey, lower your standards and raise your average. That what I always say.

eyedclaar

dunkman wrote:

about 75%... depends on how ugly they are/or how drunk i was... and vice versa.

Oh, I take 100% home. What % makes it out of my basement is a better question...

he still stands

alright... so in regards to net pay vs. gross pay...

does anyone else get a check for less than HALF of their gross pay?

:shock:

81

it's all relative. mine's in the 60's some place. but some of that's still mine (401k)

JOEJOEJOE

I take home 55%, but 16% of gross goes to 401(k).

decides2dream

81 wrote:

it's all relative. mine's in the 60's some place. but some of that's still mine (401k)

agreed.
i honestly don't know the percentage, and i ain't figuring it out.
however, i put a nice chunk (15%) towards my 401k, some towards dental and life insurance (do full medical thru hubby) and i also get my commutation costs removed from my pay pre-tax. so yea....lot gets taken out, but also a lot to my benefit, especially cutting back on tax.

JOEJOEJOE

decides2dream wrote:

81 wrote:

it's all relative. mine's in the 60's some place. but some of that's still mine (401k)

agreed.
i honestly don't know the percentage, and i ain't figuring it out.
however, i put a nice chunk (15%) towards my 401k, some towards dental and life insurance (do full medical thru hubby) and i also get my commutation costs removed from my pay pre-tax. so yea....lot gets taken out, but also a lot to my benefit, especially cutting back on tax.

what sort of word is commutation?

he still stands

if i didn't contribute it my 401k I would take home exactly 50%. 1/3 of the health / dental care goes to my ex-wife. State and local taxes here are a fucking rip off. Most of the rest goes to child support (which is definitely okay) and spousal support (which makes me want to jump off a fucking cliff).

decides2dream

JOEJOEJOE wrote:

decides2dream wrote:

81 wrote:

it's all relative. mine's in the 60's some place. but some of that's still mine (401k)

agreed.
i honestly don't know the percentage, and i ain't figuring it out.
however, i put a nice chunk (15%) towards my 401k, some towards dental and life insurance (do full medical thru hubby) and i also get my commutation costs removed from my pay pre-tax. so yea....lot gets taken out, but also a lot to my benefit, especially cutting back on tax.

what sort of word is commutation?

Main Entry: com·mu·ta·tion
Pronunciation: \ˌkäm-yə-ˈtā-shən, -yü-\
Function: noun
Etymology: Middle English commutacion, from Anglo-French, from Latin commutation-, commutatio, from commutare
Date: 15th century

1 : exchange, trade
2 : replacement; specifically : a substitution of one form of payment or charge for another
3 : a change of a legal penalty or punishment to a lesser one <commutation of a death sentence>
4 : an act or process of commuting
5 : the action of commutating

:twisted:

Black Diamond

decides2dream wrote:

JOEJOEJOE wrote:

decides2dream wrote:

agreed.
i honestly don't know the percentage, and i ain't figuring it out.
however, i put a nice chunk (15%) towards my 401k, some towards dental and life insurance (do full medical thru hubby) and i also get my commutation costs removed from my pay pre-tax. so yea....lot gets taken out, but also a lot to my benefit, especially cutting back on tax.

what sort of word is commutation?

Main Entry: com·mu·ta·tion
Pronunciation: \ˌkäm-yə-ˈtā-shən, -yü-\
Function: noun
Etymology: Middle English commutacion, from Anglo-French, from Latin commutation-, commutatio, from commutare
Date: 15th century

1 : exchange, trade
2 : replacement; specifically : a substitution of one form of payment or charge for another
3 : a change of a legal penalty or punishment to a lesser one <commutation of a death sentence>
4 : an act or process of commuting
5 : the action of commutating

:twisted:

Accountants War!!!! :duck:

decides2dream

Black Diamond wrote:

decides2dream wrote:

JOEJOEJOE wrote:

what sort of word is commutation?

Main Entry: com·mu·ta·tion
Pronunciation: \ˌkäm-yə-ˈtā-shən, -yü-\
Function: noun
Etymology: Middle English commutacion, from Anglo-French, from Latin commutation-, commutatio, from commutare
Date: 15th century

1 : exchange, trade
2 : replacement; specifically : a substitution of one form of payment or charge for another
3 : a change of a legal penalty or punishment to a lesser one <commutation of a death sentence>
4 : an act or process of commuting
5 : the action of commutating

:twisted:

Accountants War!!!! :duck:

*throws a 2010 master tax guide at BD*


hey, if i were a CPA.....i'd have an even bigger paycheck to discuss i guess.
i just work for em.

MayDay10

About 61.3%... but I put 16% into 401K. Per diem is untaxed too.

decides2dream

that's 2 people now with 401k contributions at 16%.
wtf is it about 16%?
:?
:wtf:

81

ok, just checked...take home is 69%

it's not a ratio i look at very often. i prefer debt/cash, debt/assets and cash/monthly expense. cash/monthly expense imo is the ratio that i monitor the closest.

he still stands

yeah it isn't something that should be monitored like debt ratios... but it is nice to know if you're getting screwed by the man (or in my case... the ex-woMAN.) I was at 68% or so when I got out of college... Now I'm making about 25% more but I am bringing home less... about $150 per paycheck less... :shock:

to bring home less than half of your gross pay is just a kick in the nuts.

peacegirl

81 wrote:

cash/monthly expense imo is the ratio that i monitor the closest.

this is what I pay attention to the most too....my take home is about 70%

Indifference71

I take home around 72%. I definitely need to throw more towards my 401K because my company does a really nice profit sharing match each year.