How much do SAs/ First years actually make? Forum
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Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
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Anonymous User
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How much do SAs/ First years actually make?
Assuming 160k/yr, after taxes, assuming you are single what would the actual 2-wk paycheck be in NY? In DC? No speculation please! But if you actually know I would be curious.
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Anonymous User
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Re: How much do SAs/ First years actually make?
i know you said no speculation, but i remember reading somewhere before that after taxes the takeaway on a 160k salary is somewhere between 105-110k.Anonymous User wrote:Assuming 160k/yr, after taxes, assuming you are single what would the actual 2-wk paycheck be in NY? In DC? No speculation please! But if you actually know I would be curious.
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Blessedassurance
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rayiner
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Re: How much do SAs/ First years actually make?
For someone who is single living in NYC monthly paycheck should be about $8,200.Anonymous User wrote:Assuming 160k/yr, after taxes, assuming you are single what would the actual 2-wk paycheck be in NY? In DC? No speculation please! But if you actually know I would be curious.
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imchuckbass58
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Re: How much do SAs/ First years actually make?
This is about right. After withholding my paycheck was roughly $4200/2 weeks. Actual tax might vary slightly based on deductions, but it's in the $4000-$4400 probably.rayiner wrote:For someone who is single living in NYC monthly paycheck should be about $8,200.Anonymous User wrote:Assuming 160k/yr, after taxes, assuming you are single what would the actual 2-wk paycheck be in NY? In DC? No speculation please! But if you actually know I would be curious.
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irie
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Re: How much do SAs/ First years actually make?
How much are bonuses taxed in NY? Assuming same $160k salary with a $7.5k bonus (is that how much first years got on the cravath scale??)imchuckbass58 wrote:This is about right. After withholding my paycheck was roughly $4200/2 weeks. Actual tax might vary slightly based on deductions, but it's in the $4000-$4400 probably.rayiner wrote:For someone who is single living in NYC monthly paycheck should be about $8,200.Anonymous User wrote:Assuming 160k/yr, after taxes, assuming you are single what would the actual 2-wk paycheck be in NY? In DC? No speculation please! But if you actually know I would be curious.
Would love to guesstimate how quickly I can pay off that law school debt... especially the high interest loans...
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rayiner
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Re: How much do SAs/ First years actually make?
Your marginal dollar is taxed at roughly 40%.irie wrote:How much are bonuses taxed in NY? Assuming same $160k salary with a $7.5k bonus (is that how much first years got on the cravath scale??)imchuckbass58 wrote:This is about right. After withholding my paycheck was roughly $4200/2 weeks. Actual tax might vary slightly based on deductions, but it's in the $4000-$4400 probably.rayiner wrote:For someone who is single living in NYC monthly paycheck should be about $8,200.Anonymous User wrote:Assuming 160k/yr, after taxes, assuming you are single what would the actual 2-wk paycheck be in NY? In DC? No speculation please! But if you actually know I would be curious.
Would love to guesstimate how quickly I can pay off that law school debt... especially the high interest loans...
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birdlaw117
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Re: How much do SAs/ First years actually make?
Bonuses are taxed the same as any other compensation (assuming its in cash form and not something weird).irie wrote:How much are bonuses taxed in NY? Assuming same $160k salary with a $7.5k bonus (is that how much first years got on the cravath scale??)imchuckbass58 wrote:This is about right. After withholding my paycheck was roughly $4200/2 weeks. Actual tax might vary slightly based on deductions, but it's in the $4000-$4400 probably.rayiner wrote:For someone who is single living in NYC monthly paycheck should be about $8,200.Anonymous User wrote:Assuming 160k/yr, after taxes, assuming you are single what would the actual 2-wk paycheck be in NY? In DC? No speculation please! But if you actually know I would be curious.
Would love to guesstimate how quickly I can pay off that law school debt... especially the high interest loans...
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Sup Kid
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Re: How much do SAs/ First years actually make?
This is pretty accurate if you are just talking about taxes being taken out. However, your total paycheck will be lower, since your firm will also take out money for health insurance, 401(k) plans, and at some firms an automatic contribution plan that is in addition to the 401(k).rayiner wrote:For someone who is single living in NYC monthly paycheck should be about $8,200.Anonymous User wrote:Assuming 160k/yr, after taxes, assuming you are single what would the actual 2-wk paycheck be in NY? In DC? No speculation please! But if you actually know I would be curious.
