1 Scientists use the â instrument to â measure the intensity of the â light. 2  The â firemen were â forced to â retreat by the intensity of the â heat. 3  The intensity of the â earthquake is â measured on the Richter â scale.
Your employer will likely continue to contribute to these accounts with the bonus payout using the original contribution percentage that you set up. So if you already automatically contribute 5% of your gross income to your 401(k), your employer will probably take 5% of your bonus money and put it in your 401(k). If you are not careful, you could exceed your annual maximum allowable tax-deductible contributions to your 401(k).
W-4 form completed by employee. Reduce the employee's compensation for the pay period by the dollar amount or percentage of pay designated for contribution to his SIMPLE IRA. Calculate the federal income tax withholding on employee compensation after reduction for the employee's SIMPLE IRA contribution.