Check your pay stubs!

[u/Practicalbeaver]

I feel like this should go without saying, but it always amazes me how many people I see on here who run into problems because they never check their pay stubs. I’m getting my annual bonus paid out soon and I realized the amount listed on my pay stub was wrong. The CFO had calculated the bonuses incorrectly for anyone who got a mid year raise last year.

I would’ve been shorted $500 if I hadn’t double checked the math.

[u/1955photo]

Absolutely. Some of the abbreviations may be obscure. But persist in asking questions until you understand every line.

And take a hard look at your withholding amount. Make sure it is realistic.

[u/[deleted] → u/1955photo]

I look at my paycheck and copy it to my own personal budget sheet. But I'd be lying if I said I understood every line. Lol

[u/[deleted] → u/[deleted]]

Ask questions and find out!

The one that threw me off was "imputed income," which essentially is just benefits the company provides but are considered "income" for tax purposes (so my workplace life insurance and whatnot). It was only $7 or so each month, but I think it's important to understand what it all means. Even though I'm not paying the benefit, I still have to pay taxes on the payment for the benefit.

If you have any questions, ask your payroll/HR department, or post here.

[u/1955photo → u/[deleted]]

Better figure it out!