Originally Posted by
Andy
Well, I'm doing something wrong. After Fed + CA OASDI/EE + ALPA, I had 67.45% go to my post-tax Schwab acct.
No state income tax, Married claiming 10.
22.0% was federal withholding. Is your number pre-tax?
After tax withholding and ALPA. I divided the amount deposited in my PRAP by my gross PS amount. FWIW, dividing my Fed withholding by the gross shows only 3.61%. I’m married claiming 12.
Perhaps you hit your $18.5k($23.5k) limit already? I won’t until mid-March.