Freelance vs FT Benefits advice
Freelance vs FT Benefits advice
Out of context: Reply #14
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- tkmeister0
actually, 20k cut sounds just about right.
i am going through the same thing now.
here's how i broke it down.
health insurance:7-8k
401k(50%match):3-5k free cash
social security(they pay half): 3-4k
special city taxes(nyc freelancers who make over 50k):2-3k
education: 3k
other benefits: 2k
paid vacation: 3-4kit does add up. the key is to max out the 401k and get a match.