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Jan
24
Posted on 24-01-2010
Filed Under (Retirement) by The Senior on 24-01-2010
belashah6 asked:
Do I have to pay social security on the amount I put towards 401 (K) or not.What amt I should consider in following scenario
Gross Wages-5000.00
401(K) cont.-1000.00
Should I consider $5000. or $4000.
Do I have to pay social security on the amount I put towards 401 (K) or not.What amt I should consider in following scenario
Gross Wages-5000.00
401(K) cont.-1000.00
Should I consider $5000. or $4000.
Comments
goobar121 on 27 January, 2010 at 6:17 pm #
based on your data ss will be on the 5k
you should get a tax prepparer and a financial advisor to do this properly
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