Estimated Pay Calculation (BN66.1)

Processing Effect

If you transferred directly from BN65.2 (Contribution Simulation), the application uses the simulated elections and annual contributions from BN65.2.

Based on the flex dollars the employee received and pre-tax and after-tax contributions, the application uses BSI (Business Software, Inc.) tax tables to calculate withholding amounts. You can also type an amount for any payroll-related deductions, such as union dues, to fully simulate the employee's take home pay.

You can also type the amount of net income that an employee wants, and the Benefits applicationapplication calculates the gross pay needed to cover the elected benefits.