457 Payroll Deductions Calculator Overview

When completing your W4 for new employment, do you get a little confused on how to fill out your deductions? Should you have more taxes taken out up front and possibly receive a refund from the IRS at the end of the year? Or should you have less taxes taken out up front and take your chances of possibly having to pay the IRS at the end of the year? It may be a pay now or pay later situation, but armed with the right tools (this calculator!) you can calculate which is the best option for you when it comes to payroll deductions.