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For pre-tax contributions, the employee does not pay federal income tax on the amount of current income he or she defers to a 401(k) account, but does still pay the total 7.65% payroll taxes (social security and medicare). For example, a worker who otherwise earns $50,000 in a particular year and defers $3,000 into a 401(k) account that year ...
7 Jobs That Pay $70 an Hour or More. CareerBuilder, Neighbor. ... (about $146,000 a year), you'd probably be pretty content -- at least with your salary. Those that make this much money an hour ...