Laura Saunders
speaker
5,937 appearances
109 recordings
1 series
first heard Jul 2017
last heard Nov 2024
Laura Saunders’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
WSJ Your Money Briefing · Adulting 101: Understanding Your First Professional Paycheck · 26 Jun 2024
podcast
So they take it out, spread over all those paychecks so that you won't be stuck with a giant bill that you didn't know about at the end of the year.
And many people choose to have a little more taken out than they need to, and that way they get a big fat refund.
Recently, the refunds have been running about $3,000 average per taxpayer.
People use that to pay off student debt or as forced savings, really, or as Christmas bills or something like that.
Yes, a very long list.
Your employer may cover some of them, but you may have to pay a portion of some of them.
Dental insurance, medical insurance, flexible spending accounts for child care or for medical care, group term life insurance, all kinds of things like that.
And especially your savings, 401k, Roth 401k, they'll deduct for that as well.
When you're hired, you'll make a choice about what benefits you want to elect into.
And based on that, your employer will take deductions from each paycheck to help pay for the costs of those over the year.
Now, sometimes the employer picks up part of the costs themselves, like with medical insurance.
It's a pretty big number.
So you pay part of it and they pay part of it.
In other cases, you pay the whole cost.
Like if you want money set aside for flexible spending for child care, that would pay your daycare costs.
with pre-tax dollars.
Yes, that's exactly right.
Remember the exclamation, I can't believe they take out so much.
Yes, you are.
You forgot to include a 1099 form from your bank or something like that with some interest on it.
Showing 181–200 of 5,937 · page 10 of 297
← Previous
Next →