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Samantha Montgomery (age 42) is employed by Canon Company and is paid an annual salary of $62,430. She has just decided to jo


Samantha Montgomery (age 42) is employed by Canon Company and is paid an annual salary of $62,430. She has just decided to jo
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Answer #1
in $
Annual salary 62,430.00
Weekly salary     1,200.58
Maximum limit for Annual IRA contribution in year 2018, if age is < 50 years     5,500.00
Weekly IRA contribution        105.77
Weekly take home before federal tax     1,094.81
Federal Tax for married for weekly pay          37.30
of excess over $600@12%          59.38
Weekly take home        998.13
in $
Annual salary 62,430.00
Weekly salary     1,200.58
Maximum limit for Annual IRA contribution in year 2018, if age is < 50years               -  
Weekly IRA contribution               -  
Weekly take home before federal tax     1,200.58
Federal Tax for married for wwekly pay          37.30
of exces over $600@12%          72.07
Weekly take home     1,091.21
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