Take Home Pay Calculator 2025

Understanding Your Paycheck

Your paycheck includes multiple deductions that reduce your take-home pay. Understanding these helps you budget effectively.

Federal Taxes (2025)

• Federal Income Tax: Progressive rates from 10% to 37%
• Social Security: 6.2% up to $176,100 wage base
• Medicare: 1.45% on all income
• Additional Medicare: 0.9% over $200K (single)

Pre-Tax Deductions

• 401(k): Reduces taxable income, saves on taxes now
• HSA: Triple tax advantage (deduction, growth, withdrawals)
• FSA: Health/dependent care with pre-tax dollars

2025 Contribution Limits

• 401(k): $23,500 ($31,000 if 50+)
• HSA: $4,300 individual / $8,550 family
• FSA: $3,300 healthcare

Paycheck Tips

• 401(k): Contribute to lower taxable income
• HSA: Max out for tax-free medical savings
• W-4: Adjust allowances to fine-tune withholding
• Pay stub: Check regularly for accuracy
• Benefits: Review during open enrollment

This calculator provides estimates for federal taxes only. State/local taxes, disability insurance, and other deductions may apply. Consult your HR department or tax professional for personalized advice.