Originally Posted by
Pineapple Guy
Correct on all accounts.
To estimate your GROSS profit sharing check, my best guess is to add FLT PAY and FLT ADV from your YTD total on your 12/31/10 paycheck, and then multiply that number by 6.5%. Then take out all the taxes, dues, etc. to get your net amount.
I believe the RI update said estimate using 6.5% the FICA MED line of your 12/31/10 pay stub.