A bonus in income, so it's treated like income.
Have you ever been with a warrior woman?
Wash ,'Bushwhacked'
Natter 69: Practically names itself.
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
Dana - Mar 02, 2012 9:46:58 am PST #24925 of 30001
I'm terrifically busy with my ennui.
§ ita § - Mar 02, 2012 9:48:39 am PST #24926 of 30001
Well not canonically, no, but this is transformative fiction.
If they would fucking tell me how much the actual bonus was ahead of me deciding whether or not to yank the 401K, that would be great. Somehow not knowing the amount of money I'd be putting away is really inhibiting me making this decision either way.
It's safer to save, deeply obviously, but I depleted my savings account buying the car, and I need to pad that back up to a level that makes me comfortable again too.
Plus I want to buy myself something! I did good! But I have no idea how much is coming.
eta: My point is that I don't have to have everything taken out if I don't want to, and I'm looking for perspective.
dcp - Mar 02, 2012 9:51:21 am PST #24927 of 30001
The more I learn, the more I realize how little I know.
you guys have 401K taken out of your bonuses
Yep. My bonus ("short-term incentive") is treated like just another paycheck for most purposes, including my company matching the amount being contributed to the 401(k) -- a bonus on the bonus. The only difference is that there are no deductions for medical/dental/vision/HSA plans.
-t - Mar 02, 2012 9:52:54 am PST #24928 of 30001
I am a woman of various inclinations and only some of the time are they to burn everything down in frustration
Jess makes a good point, it always seemed like the withholding tax rate was higher for bonuses, for some reason. So if your 401k deposit is pre-tax, doing that rather than regular savings account has some benefit.
Eta: and we chose to go that way, to be clear.
Jesse - Mar 02, 2012 9:53:13 am PST #24929 of 30001
Sometimes I trip on how happy we could be.
Seems like you might as well not have them take out the 401(k), assuming it's not going to be a life-changing amount of money, and putting that much more in your short-term savings. You still stay on track with whatever your plan was around your annual 401(k) contribution.
§ ita § - Mar 02, 2012 10:00:17 am PST #24930 of 30001
Well not canonically, no, but this is transformative fiction.
Thing #2--there might be a raise, and that might change things. Seriously, why so taunty and close-lipped?
Still, either way, I'm looking for 1 month of art class and a cloak. That's in my budget for March.
-t - Mar 02, 2012 10:05:00 am PST #24931 of 30001
I am a woman of various inclinations and only some of the time are they to burn everything down in frustration
Yeah, I always made bonuses extra-budgetary because we never knew how much they were going to be until the check showed up. My standard way of dealing with them was to put the usual paycheck-% into the 401k, half the take-home bonus into savings, and the other half immediately squanderable. Not knowing what we could squander on was super tantalizing.
tommyrot - Mar 02, 2012 10:06:42 am PST #24932 of 30001
Sir, it's not an offence to let your cat eat your bacon. Okay? And we don't arrest cats, I'm very sorry.
More Incredibly Cute Footage of Baby Sloths at Costa Rican Sanctuary
First video is the one I lined to yesterday.
Calli - Mar 02, 2012 10:08:24 am PST #24933 of 30001
I must obey the inscrutable exhortations of my soul—Calvin and Hobbs
Back when pine trees were muttering about those new angiosperms messing up the neighborhood, I had a boyfriend with a waterbed. I don't remember the bed being a problem. (Maybe it helps that I don't get motion sick.)
sumi - Mar 02, 2012 10:09:06 am PST #24934 of 30001
Art Crawl!!!