Originally Posted by
Check Essential
That's correct.
You avoid income tax but they deduct Social Security, ALPA and also DPMA.
That's the reason I use 90% instead of 100%.
If you tell Fidelity 100%, then all those deductions come out of your next check.
Not a big deal unless you have some other pre-arranged deductions or budgeting issues.
Thanks...I may try that next year. I'll have to go back and look at it...went with 100% with all the codes, and a short attention span I don't know if I ever figured out the next paycheck thing.