I’m out this week at the Women’s World Cup (go USA!), so we’ll do a quick, fun exercise!
Below is a picture of Major League Baseball star Andrew McCutchen’s pay stub.
What do you see wrong with the pay stub? What would you do with one paycheck of that size?
It is good to see he is planning for the future and contributing to his 401k 🙂
I’d have that baby being auto split up into 10-20 different accounts for various purposes (vacation, Christmas, kids 529s, weddings, investments, retirement/Roths (though maybe he/I wouldn’t qualify) whatever else floated my boat) and live off the remainder…
Crazy how quickly you can hit the SS cap when you’re the best all around player in baseball.
I wonder why all those states get a piece though (Illinois, Missouri, Arizona, etc. Do they really get to tax his income if he plays a series in their state/city?
I\’m Australian, so I\’m not familiar with US pay slips however after taxes and deductions he\’s not left with much considering the size of his pay check.