Paycheck Calculator
Calculate your take-home pay after federal taxes, FICA, Medicare, and pre-tax deductions. See exactly how much lands in your bank account each pay period.
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Your Paycheck Breakdown
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Deductions Per Paycheck
Paycheck Breakdown
Annual Estimates
Annual Income Distribution
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 $168,600 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: $3,200 healthcare
💡 Paycheck Tips:
- Contribute to 401(k) to lower taxable income
- Max out HSA for tax-free medical savings
- Adjust W-4 allowances to fine-tune withholding
- Check pay stub regularly for accuracy
- Review benefits during open enrollment
Disclaimer
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.