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Home > Found Out About the Bonus

Found Out About the Bonus

December 12th, 2018 at 12:34 am

So DH's end of year bonus will be $1600 in cash, but that is before taxes, so not sure what it will be afterwards. Bonuses get taxed weirdly, I believe at 25%, so we'll only see $1200 of that, though some of it will come back in our tax refund. He will also get 1 percent of all wages earned put into his 401K with 100% matching, since we haven't hit 5% of income on our own yet. That will only be based on his earned wages since becoming a permanent employee, and he became one in July, I think.

His last paycheck says he has earned $37,192.50 since becoming a permanent employee, and it is probably going to be calculated after Friday's paycheck. So we should end up with something over $800 extra into the 401K. Nice little chunk of change. It's been a few years since DH has worked with a company that did bonuses. If it is calculated after the last paycheck of the month than it will be closer to $1000.

My cold seems to have moved up into my head now. After driving yesterday I decided I don't want to drive today in the storm we are having. I thought I was ready to drive yesterday, but I had trouble focusing and ended up running a red light. Thankfully it was at an empty intersection and no cops were around. That is the first time in my life I have run a red light. So clearly I am not clear-headed enough to drive yet. I will wait until Thursday before I try again assuming the cold continues to vacate the premises and I am not a dizzy-headed mess.

Tonight for dinner I am making beef pot roast in the Instant Pot, steamed potatoes in the Power Cooker XL, and broccoli in the microwave. No baby-sitting, no fuss, very little mess. It is nice having two electric pressure cookers when I don't have a stove. It makes things much easier for me.

I hope I am with it enough by Friday to do the banking and the grocery shopping. We are getting low on some items and with DH heading out to MIL's after work to work on cleaning out her attic and garage, he isn't able to do the shopping either. I'm making due, but it would be nice to have fresh greens again. I have enough potatoes, carrots, and plenty of onions to last the rest of the week, and I have canned green beans, and there are oranges and apples, so we won't go without. But it isn't salad. I might have cabbage, though. I could do cole slaw instead if I do.

I have a ton of canned, frozen, and freeze dried foods, but sometimes you just want that fresh produce factor in the middle of winter. We are getting low on bread and milk, though I think it will just make it to Friday. I am meal planning carefully, but I think we will pull it off okay.

5 Responses to “Found Out About the Bonus”

  1. creditcardfree Says:
    1544575688

    That is a very nice bonus!

  2. Homebody Says:
    1544587985

    I'm still afraid to buy lettuce so we have been eating coleslaw and spinach.

  3. livingalmostlarge Says:
    1544589042

    YEAH! A bonus and addition to 401k! Lots of good holiday cheer and spirit.

  4. My English Castle Says:
    1544634711

    Hooray for the bonus!

  5. frugaltexan75 Says:
    1544820011

    Nice bonus!

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