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Emergency Fund Update

December 18th, 2020 at 09:17 am

The Christmas bonus came, but it was not what DH was told.  He was told it would be $500 after taxes, but no, it wasn't.  It was $500 before taxes.  Everyone is a little bummed out, because why say one thing and do another?  Anyway, the actual amount was $350.48.  But I broke $9K and any bonus is better than no bonus.

$8739.48 Previous Balance

+_350.48 Amount Added

--------------

$9090.32 New Balance

Posted in Emergency Fund/Coin Jar | 3 Comments »

3 Responses to “Emergency Fund Update”

  1. terri77 Says:
    December 18th, 2020 at 04:51 pm 1608310275
    1608310275

    I don’t know how they could tell employees that it would be $500 after taxes since everyone has a different tax rate?

  2. LuckyRobin Says:
    December 19th, 2020 at 03:13 am 1608347606
    1608347606

    Terri--Bonuses are taxed at a set tax rate regardless of your usual one.

  3. terri77 Says:
    December 19th, 2020 at 03:21 pm 1608391316
    1608391316

    Ok, I didn’t realize that.

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