Retirement Paycheck Estimate

Employee Information

W-4 Information

Pre-Tax Deductions

Supports fixed dollar or percentage deductions
Type $ or % Value

Post-Tax Deductions

Supports fixed dollar or percentage deductions
Type $ or % Value

Year-to-Date Inputs

Scenarios

This scenario assumes all leave hours and other pay types are paid out upon retirement.
This scenario pays out an amount in Net Pay and the rest of the paycheck is transferred to a retirement account such as 457 or 401k.
This scenario targets net pay as close to $0.00 as possible by maximizing pre-tax retirement account contributions.

Earnings

Enter one value per wage type. Hourly-based wage types treat the value as hours; amount-based wage types treat the value as dollars.
Wage Type Entry Computed

General Tax / Retirement Settings

Utah Withholding Settings

Current prototype uses a direct percentage less allowance reduction based on the values provided.
Formula implemented:
Withholding = max(0, round(taxableWages × rate - max(0, baseAllowance - max(0, taxableWages - threshold) × reductionRate), 2)) + added withholding

Federal Brackets

Rates are standardized once per row. Edit only the low/high annual ranges for each filing status.
Tax Rate Married Single Head of Household
Low Range High Range Low Range High Range Low Range High Range

Pre-Tax Deduction Items

These items populate the Pre-Tax Deductions dropdown on the Data Entry tab.
Item Actions

Post-Tax Deduction Items

These items populate the Post-Tax Deductions dropdown on the Data Entry tab.
Item Actions

Wage Types

Manage wage type behavior, hourly multipliers, flat hourly add-ons, and tax treatment codes.
Category Description Hourly Rate Effect Other Hourly Amount Tax Treatment Actions
Tax treatment codes in this prototype:
R = regular taxable wages, taxed under normal withholding rules
F = federal flat supplemental withholding (22%) for federal only; FICA still applies unless later expanded
N = non-taxable / reimbursement placeholder for future rules
State of Utah Pay Statement (Estimate)
Pay Period: —
Check Date: —
Payment Number: —
Employee: —
Location: Transportation - 810
W-4: —
Summary
Type Gross PayPre-TaxPost-TaxTaxesNet Pay
Gross Pay
TypeHoursCurrentYTD
Taxable Non-Cash Earnings
TypeCurrentYTD
Pre-Tax Deductions
TypeCurrentYTD
Post-Tax Deductions
TypeCurrentYTD
Taxes
TypeCurrentYTD
Net Pay Distribution
TypeAmount

Audit Notes

State of Utah Pay Statement (Scenario 2 - Net Setup)
Pay Period: —
Check Date: —
Payment Number: —
Employee: —
Location: Transportation - 810
W-4: —
Summary
Type Gross PayPre-TaxPost-TaxTaxesNet Pay
Gross Pay
TypeHoursCurrentYTD
Taxable Non-Cash Earnings
TypeCurrentYTD
Pre-Tax Deductions
TypeCurrentYTD
Post-Tax Deductions
TypeCurrentYTD
Taxes
TypeCurrentYTD
Net Pay Distribution
TypeAmount

Scenario 2 Notes

State of Utah Pay Statement (Scenario 3 - Max Retirement)
Pay Period: —
Check Date: —
Payment Number: —
Employee: —
Location: Transportation - 810
W-4: —
Summary
Type Gross PayPre-TaxPost-TaxTaxesNet Pay
Gross Pay
TypeHoursCurrentYTD
Taxable Non-Cash Earnings
TypeCurrentYTD
Pre-Tax Deductions
TypeCurrentYTD
Post-Tax Deductions
TypeCurrentYTD
Taxes
TypeCurrentYTD
Net Pay Distribution
TypeAmount

Scenario 3 Notes