|
Paycheck
Comparison Worksheet
Flexible
Benefit Plan
|
Without |
With |
| Monthly Salary |
$1,500 |
$1,500 |
| Health Insurance |
$0 |
$180 |
| Dependent
Care |
$0 |
$200 |
| Unreimbursed
Medical |
$0 |
$50 |
| Payroll Reduced
by |
$0 |
$430 |
| Taxable Salary |
$1,500 |
$1,070 |
| Taxes - F.I.C.A,
Federal, State |
$370 |
$250 |
| After Tax
Income |
$1,130 |
$820 |
| Health Insurance |
$180 |
$0 |
| Dependent
Care |
$200 |
$0 |
| Unreimbursed
Medical |
$50 |
$0 |
| Take Home
Pay |
$700 |
$820 |
| Monthly
Take Home Pay Increases |
$120 |
Return to Cafeteria Plans |
|