The district pay schedule says $62,400. The deposit hits at $3,140 a month. Where did the other $25,720 go? Federal, FICA (or the state pension that replaces it), state, local, the STRS / TRS contribution, the family health premium, the union dues, the 403(b) you signed up for at orientation. Put them all on one paystub — then decide if the budget you wrote actually fits.
State matters more than anything else here. 15 states pay teachers outside Social Security and the contribution rate to the state pension can swing 6-13% of your gross. Pick honestly.
Base salary from the district schedule, plus every extra-duty stipend, plus differential pay. The stipends often add 8-15% — they also push you into higher brackets and bigger pension contributions.
Federal + FICA (or not, if you're a non-SS-state teacher) + state + city/local. The single biggest line item on most paystubs.
The mandatory employee contribution to the state teacher retirement system. Not optional. Comes out before you see it. Rates vary 6%–15% of salary depending on state.
The four lines that decide whether teaching is a livable income — or a stipend. Run them honestly.
The take-home gap is real and it doesn't get easier when you compound it with the pension-vs-403(b) decision, the WEP/GPO question, and the loan-forgiveness paperwork. The guides and the rest of the toolkit are free. Use what's useful, ignore what isn't.
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Estimates based on your inputs. All results are estimates derived from the data and assumptions you provide. Tax law, pension-system rules (which vary by state and by tier within a state), and Social Security treatment (including the 2024 WEP/GPO repeal under the Social Security Fairness Act) can materially change the answer. The Baratelli Institute, its affiliates, and any co-branding professional make no warranty of accuracy, completeness, currency, or fitness for any particular purpose, and disclaim all liability for decisions made in reliance on the output.
Consult your own qualified professionals. Before acting on anything calculated here, consult your district payroll/benefits office, your own CPA or financial advisor, and where appropriate your union’s benefits counselor. The Baratelli Institute is a publisher of practitioner reference material. It is not a registered investment adviser, broker-dealer, law firm, or accounting firm.
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