The Long Game

How to Read Your Paystub


Listen Later

In this episode, I break down the importance of understanding your pay stub. Many people overlook it, which can lead to missed tax opportunities, under-saving for retirement, and overpaying for benefits. Some highlights:

  • Gross Pay: Understanding your full earnings before deductions
  • Pre-Tax Deductions: How these can lower your taxable income and what to look for
  • Taxes Withheld: Knowing your federal and state tax withholdings
  • After-Tax Deductions: Mega Backdoor Roth 401k and ESPP
  • Employer Benefits: What to track and consider for your overall compensation
  • Net Pay: Knowing what you actually take home

------

✅ Financial planning for 30-50 year old entrepreneurs: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.allstreetwealth.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

✅ My personal blog & newsletter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.thomaskopelman.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Disclaimer: None of this should be seen as financial advice. It is just for informational purposes.

...more
View all episodesView all episodes
Download on the App Store

The Long GameBy Thomas Kopelman

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

67 ratings


More shows like The Long Game

View all
Money For the Rest of Us by J. David Stein

Money For the Rest of Us

1,356 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

948 Listeners

White Coat Investor Podcast by Dr. Jim Dahle of the White Coat Investor

White Coat Investor Podcast

2,442 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

673 Listeners

Animal Spirits Podcast by The Compound

Animal Spirits Podcast

2,026 Listeners

Bogleheads On Investing Podcast by bogleheads

Bogleheads On Investing Podcast

602 Listeners

The Compound and Friends by The Compound

The Compound and Friends

2,118 Listeners

The Long View by Morningstar

The Long View

921 Listeners

Kitces and Carl - Real Talk for Real Financial Advisors by Michael Kitces, MSFS, MTAX, CFP and Carl Richards, CFP

Kitces and Carl - Real Talk for Real Financial Advisors

243 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

821 Listeners

Barron's Advisor by Barron's Advisor

Barron's Advisor

114 Listeners

Ask The Compound by The Compound

Ask The Compound

338 Listeners

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance) by Ari Taublieb, CFP®, MBA

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

579 Listeners

The Efficient Advisor: Tactical Business Advice for Financial Planners by Libby Greiwe

The Efficient Advisor: Tactical Business Advice for Financial Planners

131 Listeners

Facts vs Feelings with Ryan Detrick & Sonu Varghese by Carson Investment Research

Facts vs Feelings with Ryan Detrick & Sonu Varghese

46 Listeners