abbybentley123 abbybentley123
  • 03-10-2017
  • Business
contestada

Increasing your 401k deduction will ________ your take-home pay and __________ your federal taxes in the current year.

Respuesta :

andriansp andriansp
  • 10-10-2017
I believe the answer is reduce; reduce
401k is a specific amount of money that will be deducted from your initial pay so it could be allocated to your pension account.
When 401k deduction increased, it will take a bigger chunk on your salary, so your take-home pay will be reduced. The amount of 401k deduction is considered as pre-tax, so it would not be counted in federal tax.

Answer Link

Otras preguntas

Identify the primary rhetorical device: Our ship of state is headed toward severe storms. A. Rhetorical question B. Rule of three C. Metaphor D. Simile
The diagram below shows the partial construction of which shape?
Please help will mark brainliest 25 pts.
Please answer the given question
What is the value of g( − 3) when g(x) = 2x-2
In the life-span perspective, no age period dominates development. This highlights the view that development is considered to be:.
Essay must have 880 words. after graduating from high school what would you like to be?
differentiate between un skilled and semi skilled human resources​
O Both x and y are positive. O Both x and y are negative. Ox is positive, and y is negative. Ox is negative, and y is positive. The point P(x, y) lies on the t
HI I need help 10Points