46%?!?

A few months ago the management at my job devised a contest which gave the opportunity for everyone to earn some extra money for the holidays. Basically, there was a certain amount of business that they wanted us to close out, and the more we closed, the higher our bonus would be.

So I was thinking all along that the "highest" bonus was set artificially high so that we would never achieve it. But somehow, at the last minute, we did. Whoo-hoo!

So payday comes today and would you believe that Uncle Sam took 46% of my check???

46%!

That's a lot. I was trying to be positive when I looked in my account. Afterall any free money is good, right? But I was (and still am) soooo disappointed. I had big plans for that money.

I was going to get new granite countertops, new floors for my kitchen, and pay for my upcoming vacation with that money!

Ok maybe I wasn't expecting enough to do all that, but still. I wasn't expecting the guvmint to take so much either.

And why do they take 401k and Company Stock purchase out of bonuses? A bonus is supposed to be fun money, not subjected to all of that responsible adult stuff. They shoulda asked me if I wanted to make contributions to those things instead of just assuming. lol.

On the flipside, I found out that I will be saving almost $300 a year car insurance now that I've had that "special" birthday that makes me officially "old."

Guess I can't complain too much :)