ST Alpha - "Received my pay statement e-mail today and had a little mystery to solve." (Reading a Post)

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Received my pay statement e-mail today and had a little mystery to solve.

Posted by ty97 Sep 29 '20, 06:37

My net payment (take home pay) was a bit higher than usual. My gross pay is the same (as expected) so it was a bit of a headscratcher because:

- Medicare tax was the same
- SS/OASDI tax was the same
- Federal income tax withheld went... up. Wait, what?

I maxed out on 401k contributions this pay cycle. Took me a minute to suss that one out.

Responses:

nice job Daddy Warbucks! -- nm - decline Sep 29, 06:41 1
- I was giving a...high percentage....which made my paychecks lower all year. But I figured I'd get used to it and just forget about it. - ty97 Sep 29, 06:53

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Received my pay statement e-mail today and had a little mystery to solve.

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