 |
|
|
John Doe:
Single, no exemptions |
Without POP |
With POP |
Annual
salary |
$ |
30,000 |
$ |
30,000 |
Pre-tax health plan contributions |
|
0 |
|
-2,400 |
Taxable income |
$ |
30,000 |
$ |
27,600 |
Estimated taxes (30.65%) |
$ |
-9,195 |
$ |
-8,460 |
After-tax health plan contributions |
$ |
-2,400 |
$ |
0 |
Net take-home pay |
$ |
18,405 |
$ |
19,140 |
|
Increase in take-home pay
|
$
|
0 |
$
|
735 |
|
 |
|
|
|
