Received Annual Bonus
I received my annual bonus last week. Its seems like every year these bonuses get smaller and smaller. Not that I am complaining - some bonus is better than no bonus. What would be even better is if these bonuses were more related to my actual performance.
Here is how my bonus played out:
401k Contribution - 25%
Taxes -- 31%
ESPP -- 10%
Net Received -- 34%
Gross Bonus ---- 100%
A majority of the cash received will be used to pay my federal and state income taxes. Less than exciting, but will certainly help in my 2007 net worth goal.
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