IBD Summer associate after-tax pay?
I think the HR might have messed up and I have been underpaid over the summer. Does $4200 (after tax) every 2 weeks sound about right? BB NYC
I think the HR might have messed up and I have been underpaid over the summer. Does $4200 (after tax) every 2 weeks sound about right? BB NYC
+4,034 | Bank of America - Juniors Strike to start Monday May 6th | 429 | 6m | |
+854 | BOFA ALREADY TRYING TO COVER UP THEIR TRACKS | 79 | 1d | |
+608 | This is a dark day for Wall Street. | 46 | 15h | |
+459 | BofA Associate Death - WSJ, FT, CNBC, Bloomberg | 52 | 15m | |
+191 | How to strike without being fired. | 21 | 19h | |
+187 | Analyst at Bofa FIG-Thoughts | 29 | 17m | |
+171 | Big Layoff at Barclays - 5/1/24 | 88 | 1d | |
+167 | Hey WSJ, BBG, CNBC, FT, it's been more than 72 hours that this BofA IBD Associate was reported dead | 23 | 14h | |
+154 | BofA List | 37 | 13h | |
+141 | Reporters, please post your info in this thread for visibility so people can easily reach out. | 4 | 5h |
Career Resources
Sounds like the opposite actually. Assuming 150k base and 26 pay periods, that comes out to $5769 pre-tax. 4500 after tax comes out to a 22% tax rate which doesn't make sense even if you were in a state with no income tax.
Sounds fine. That’s how much I got paid. You’ll get money back when you file your taxes next year.
Roughly how much did you get per paycheck over the summer, and then how much do you get back in tax returns?
Sounds about right. Mine was slightly higher (close to $4400 biweekly) but I was at EB.
Summer associate take-home pay at Big Law firms:
(https://www.top-law-schools.com/forums/viewtopic.php?f=23&t=181918)
Banking should be only slightly lower than this.
When I summered they took some out and put in a company sponsored 401(k). I didn’t end up signing with them so I got a check for the couple hundred bucks but had to pay penalty for early withdrawal smh
Was this Citi? When did you get the 401k back?
Not citi.
But got the check in the mail once the tax forms started coming in the mail
Architecto corrupti molestias illum id sapiente. Corrupti porro dolorum repudiandae sapiente deleniti molestiae dolorem iure. Similique ea necessitatibus deserunt nemo voluptatibus. Aut suscipit iusto impedit. Repudiandae tempore hic et ut rerum voluptatem. Fugit id possimus voluptas atque quia. Iusto deserunt itaque sed ut quidem placeat quos.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...