Every Deduction on Your Paystub Explained

Complete paystub deductions guide — what each is and who controls it

DeductionWhat It IsWho Controls It2025 Details
Federal Income TaxTax based on income level and W-4You (via W-4)10–37% marginal; employer withholds
Social SecurityFICA contribution for retirement benefitsFixed by law6.2% on first $168,600 wages
MedicareFICA for healthcare at 65+Fixed by law1.45% on all wages; +0.9% above $200K
State Income TaxState government taxVaries by state0% (TX, FL) to 13.3% (CA)
Local/City TaxCity or county tax where applicableVariesExists in NYC, Philadelphia, and others
Health Insurance PremiumYour share of employer health planYour benefit electionTypically $50–$500/month; pre-tax
401k/403bRetirement account contributionYou choose %Reduces taxable income (Traditional)
HSA/FSAHealth savings accountsYou choose amountPre-tax; reduces FICA and income tax
Life insurance (supplemental)Optional additional coverageYour electionPost-tax if above $50K coverage

The Employer’s Hidden Costs (Not on Your Paystub)

Your employer pays additional costs on top of your salary that never appear on your paystub. The employer’s FICA match (6.2% SS + 1.45% Medicare = 7.65% of your wages), employer health insurance contribution (typically $5,000–$20,000/year), employer 401k match, and unemployment insurance. Total employer cost for a $75,000 employee often exceeds $95,000.

📈The True Cost of a $75K Employee to an Employer

Employee salary: $75,000. Employer FICA match: $5,738. Health insurance contribution (employer): $10,000. 401k match (3%): $2,250. Unemployment insurance + workers comp: $750. Total employer cost: $93,738 — 25% above the salary on your offer letter.

See Where Every Dollar of Your Salary Goes

Enter your salary and deductions — get a complete breakdown of each deduction and your exact take-home.

Open Salary Calculator →