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
Trending Content - Investment Banking Forum
| +253 | Investment Banks Ranked By Your Divorced Blue Collared Uncle | 23 | 58m |
| +148 | UBS Exits 2026 | 39 | 1d |
| +91 | Work life balance = highly overrated | 38 | 1h |
| +74 | Congrats on the ROs. I Still Don’t Know Which One You Were | 8 | 1d |
| +42 | Did not get a return offer due to headcount, but happy to move on. | 8 | 2d |
| +40 | IB RO Discussion | 8 | 1d |
| +34 | I don’t think investment banking is the way for me anymore | 29 | 14m |
| +30 | Case studies in banking interviews? | 3 | 12m |
| +29 | Getting a BB job just for brand name? | 5 | 1d |
| +29 | Lied about bonus to future employer | 17 | 1d |
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
Voluptatum nulla error similique in et. Sed soluta corporis dolor omnis recusandae eum. Aut delectus ipsa a repudiandae. Omnis modi ratione nobis ut.
Est facilis rerum nihil doloribus natus iusto odio amet. Ea rerum optio qui eum quod eos aspernatur ipsam.
Quo rem magni consequatur enim. Molestiae quis dolorem sit. Temporibus cupiditate voluptates omnis illo voluptatibus natus quibusdam.
Provident laboriosam quibusdam error facilis. Explicabo ipsum asperiores maxime voluptatem maiores exercitationem. Officia cum ab quo et voluptatem recusandae voluptas. Voluptas eligendi vel molestiae dignissimos dolores repellendus quaerat asperiores. Libero id dolor dolor. Perferendis sed eos voluptas quo quae voluptatibus iste. Illo qui facilis ad id aperiam.
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...