Related Posts
More Posts
How to check bench ageing in Virtusa?
Anonymous User
Chief
Chose your house!
Hello RSM coworkers! I am thrilled to be moving to RSM into a Scheduler roll. I just found out yesterday and want to be as prepared as possible in the next steps.
So here are my questions.
How long does the background study take? I'm guessing admin staff have a study that is faster and less complicated than someone in Tax ect.
When training at home what did you need that wasn't supplied by RSM? My home office is well stocked but I want to be as prepared as possible.
Thanks in advance!
Additional Posts in Compensation in Consulting
Rising Star
Deloitte MBA manager salary? S&A
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
Seems to be about right. I’m guessing you are single with no dependents
I feel you haha I’m also single with no dependents and it’s brutal when it comes to taxes
2.4K a paycheck sounds about right for 90k salary
Yeah but not to me 🤣
Two things:
- you know the saying that few things are inevitable in life as death and ....taxes? No? It's not going away.
- in the US, currently we have one of the lowest tax system of any developed country
- one of the easiest way to ease the tax burden is to contribute more to your trad 401k. For 2022, the limit is $20.5k. Your marginal tax rate - the highest bracket your last dollars are taxed at - immediately goes down. There's a whole lot of room here to improve.
Ok, that was 3 things.
I think you mean ~$2.4K per paycheck, and we have 26 pay periods, so you per month is much higher than ~$2.4K since we get 2 paychecks most months and 3 in 2 months (July and Dec). This sounds accurate for your comp.
Lol bruh I’m in bc in lcol as a senior 2 only making 90k 😭
90k in LCOL is pretty good right???
That’s taxes number is probably federal, state, social security and Medicare. So rounded numbers let’s say 20 federal 5 state and 7.65 ss/med ~32.5%. So there you go
Subject Expert
*government taxes too heavily
Seems a bit high. Did you get refunds when you filed last year - with those numbers would expect you to be overwithheld unless you have other significant income. I think I typically paid around $10k in federal at that income level/situation and that was years ago with higher rates.
Could also consider contributing more to the 401k - that would decrease your burden.
I started in Oct 2020 and started at around 80k base. Take home was around 72% and I got a refund then because technically in that year I was making below poverty by April 😂 but I doubt I will this tax year though
Seems a bit high. I have a similar profile as you (File as Single, A2 in Consulting at KPMG in Chicago) but in a lower tax bracket at 80K. My before tax deductions end up being $1200/month ($400 to a traditional 401K, $600 HSA, and the rest to health insurance) and I bring home $3300/month. Mind you, I also have $700 after tax deductions which include Roth 401K and my partner’s health insurance.
I'm coming into EY as a senior with 1.5 YOE total. Base is $130k for MCOL
If you vote blue you can have them take over 32.5% 💙 vote Green for more pocket change 💚