Paycheck → budget builder
Some states have none. Use your state's rate for a closer estimate.
Money you save for retirement before taxes.
| Gross pay | — |
|---|---|
| 401(k) | — |
| Federal income tax | — |
| Social Security (6.2%) | — |
| Medicare (1.45%) | — |
| State income tax | — |
| Net pay (take-home) | — |
Your month on the 50/30/20 plan
Take-home per month—
50% needs (rent, food, bills)—
30% wants (fun, eating out)—
20% savings and debt payoff—
Estimate for a single filer with one job, using the tax year 2026 standard deduction ($16,100) and brackets. Real withholding depends on your W-4. Local taxes are not included.
Learn the ideas behind it: Paychecks and budgeting.