Employee Financial Health Check
Check your 2026 W-2 finances in one view — paycheck-linked budget, 401(k) match capture and a savings-rate benchmark.
Estimated net annual income
$50,390
Gross salary$60,000
Income tax$5,020
Social Security (OASDI) — employee share$3,720
Medicare — employee share$870
Social Security (OASDI) — employer share$3,720
Medicare — employer share$870
Federal Unemployment Tax Act (FUTA) — net rate after max state credit$42
Total deductions$9,610
Effective tax rate16.0%
A Financial Health Check Built Around Your Actual Paycheck
Most budgeting tools ask for your gross salary and estimate take-home pay with a rough percentage. This calculator instead uses the real 2026 federal tax brackets and FICA withholding to build your budget from your actual net pay, then checks it against a couple of common savings benchmarks.
What this profile checks
- Per-pay-period net income, calculated from the 2026 federal income tax brackets and FICA (6.2% Social Security up to the $184,500 wage base, 1.45% Medicare), rather than a generic take-home percentage
- 401(k) match capture — whether you're contributing enough to get any employer match your plan offers, since leaving match on the table is effectively leaving free pay behind
- Savings rate against a common benchmark, so you can see how your actual saving compares to widely cited guidelines like the 50/30/20 rule
