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- 457 Payroll Deduction Calculator
Use this calculator to help you determine the impact of changing your payroll deductions. You can enter your current payroll information and deductions, and then compare them to your proposed deductions. Try changing your tax withholding, filing status or retirement savings and let the payroll deduction calculator show you the impact on your take home pay. This calculator uses the latest withholding schedules, rules and rates (IRS Publication 15).