About this episode
It’s great to have bonus income, but the net amount can be surprisingly less than you expect. Laura explains the bonus tax rate and different types of income that get singled out for special tax withholding. Plus find out how getting a bonus also affects contributions to workplace retirement accounts like a 401k or 403b. Read the full transcript here: http://bit.ly/2btQNMy Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.