I'm starting at a Bulge Bracket in NYC soon. Standard 70k base and 10k sign-in bonus. How much can I expect to earn after taxes, insurance, no 401(k) contribution, etc.? Trying to plan out my rent and expenses...
Note: I haven't found any posts on this topic recently, so wanted to get an updated response.
Thanks!
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Based on your variables, this is probably how much you are going to take home.
~$1,850 every 2 weeks (after federal tax, state tax, social security & medicare) ~insurance should be part of your employment benefit
your bonus is (as a rule of thumb) taxed at 35%.
Please tell me you aren't planning on contributing 0% to your 401(k).
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