PAYCHECK COMPARISON CALCULATOR
Name:
Paycheck Frequency:
(For Paycheck Frequency enter the number of paychecks per year you receive)
HELP
Current Check
New Paycheck
Calendar Year (yyyy):
Gross Pay for this period:
$
$
PRE-TAX:
Voluntary retirement contributions in dollars:
$
$
or
PRE-TAX:
Voluntary retirement contributions as a percentage:
%
%
(Note: You may enter either a percent or a dollar amount for the next three fields. Please select each field's symbols before entering an amount.)
PRE-TAX:
Mandatory retirement contributions:
$
%
PRE-TAX:
Other benefits (Section 125 plans):
$
%
AFTER-TAX:
Total misc. reductions from pay:
$
%
Income Tax withholding:
Enter amounts manually
Let system estimate your withholding
(Note: if the system automatically calculates withholding, you can no longer adjust it manually. However, you can revise the inputs used in the automatic calculation.)
Federal Income Tax withholding:
$
$
State/Local Income Tax withholding:
$
$
Marginal tax rate for state/Local income taxes:
%
Select a
Social Security/Medicare
option:
Social Security and Medicare
Medicare only
None
Social Security and Medicare
or
Social Security
taxes:
$
$
Average take home pay:
$
$
Calculation Options:
Calculate new take-home pay
Calculate new retirement contribution from target take-home amount
Calculate
will fill in or update the values on this form
Continue
will take you to the next step in creating a report.