1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nookie1986 [14]
3 years ago
13

. Increasing your 401k deduction will ________ your take-home pay and __________ your federal taxes in the current year

Business
2 answers:
Fittoniya [83]3 years ago
7 0
I believe the answer is: <span>decrease/decrease

two facts about 401k are:

- It directly deducted from the amount of salary that you receive from your workplace, which would reduce your take home pay.

- The tax rate that you should pay is multiplied by your net income. When your income is deducted through 401k, the amount of your net income would be reduced along with your tax payment.
</span>
tatyana61 [14]3 years ago
7 0
Boosting 401k contribution is a good saving plan for retirement. If you increase your 401k contribution, then you will be able to save more and will decrease your take-home pay. This not only boosts saving but also affects the federal taxes int he current year. It can also get with held for your federal and state taxes.
You might be interested in
Food that qualifies as junk may contain a lot of the following EXCEPT
yuradex [85]

Answer:

A. Milk

I hope this helps,if not sorry

5 0
3 years ago
Members of Verdure pay a premium price for their gym membership and are accustomed to professional, attentive customer service.
Gennadij [26K]

Answer:

The correct answer is a. Design a descriptive protocol for each spa service including clear delivery standards.

Explanation:

A descriptive study is a type of methodology to apply to deduce a good or circumstance that is being presented; It is applied describing all its dimensions, in this case the organ or object to be studied is described. Descriptive studies focus on collecting data that describes the situation as it is.

The classic descriptive studies are case series studies and prevalence studies.

4 0
4 years ago
QS 20-18 (Static) Schedule of cash receipts LO P2 X-Tel budgets sales of $60,000 for April, $100,000 for May, and $80,000 for Ju
Fynjy0 [20]
Yo i don’t know 25,0000
6 0
3 years ago
You are planning to purchase displays for your store which has 2,400 sq ft of selling space. Each display has a footprint of 10
Butoxors [25]
<span>Solution: Space to be left as open = 60% of 2400 square ft. = 2400 * 60/100 = 1440 sq. ft. Space left for display = 2400- 1440 = 960 sq ft. Size of each display = 10 ft * 4 ft = 40 sq. ft Number of displays that can be fitted in the store = Space left for display / size of display = 960 / 40 = 24 24 displays can be put up in the store.</span>
4 0
3 years ago
Read 2 more answers
Answer my other newest question ASAP, U can have these points idc
Strike441 [17]

What are the other questions called?

4 0
3 years ago
Read 2 more answers
Other questions:
  • 2. What is the most difficult and yet the most important step in market research?
    10·1 answer
  • Stone Corporation is a manufacturing company that makes small electric motors it sells for $45 per unit. The variable costs of p
    9·1 answer
  • What type of trend is caused by changes in the characteristics of a population?
    10·1 answer
  • Keisha owns a house worth $275,000 with a mortgage of $195,000. She owns a car worth $12,000 and has $7,500 in car loans. She ha
    13·2 answers
  • The financial statement that shows revenue and expenses for a period of time is the
    5·1 answer
  • Constitutional scholars have pointed out there is an inconsistency in justice marshalls opinion with respect to what the constit
    15·2 answers
  • A former advertising campaign for GEICO Insurance used the slogan "So easy, even a caveman could do it" to emphasize the ease of
    12·1 answer
  • Prepare journal entries for each of the following transactions. a. On October 28 of the current year, an account receivable for
    5·1 answer
  • A marketing research agency conducted a study to determine the reasons for the decreased sales of a line of fishing equipment at
    12·1 answer
  • companies using _____ revenue model charge a fee based on the value of the service provided on the web.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!