Staying at Home

Current expenses $ W

Going to Work

Monthly income $ W

Monthly 401(k) benefits $

Life/health premiums $

Work-related expenses $ W

Tax Information

Federal marginal tax rate %

State marginal tax rate %

Are you self-employed?

Working Outside the Home

Income
& 401(k)

Premiums
& Expenses

State &
Federal Taxes

Social
Security

Net
Earnings

X (close)
Itemized Current Monthly Expenses
Current daytime child care ($)
Life insurance premiums ($)
Medical insurance premiums ($)
Total Current Monthly Expenses
X (close)

X (close)
Itemized Monthly Income
Salary & Wages ($)
Tips & Commission
Bonus (pro-rated monthly)
Total Monthly Salary and Benefits
X (close)

X (close)
Itemized Monthly Work-Related Expenses
Business expenses ($)
Child care ($)
Clothing ($)
Housekeeping ($)
Meals ($)
Transportation ($)
Total Monthly Work-Related Expenses
X (close)

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First Name *

Last Name *

Phone Number *

Email *

Company

Address

City

State

ZIP

Are you currently an Old Second customer?

Yes

Preferred method of contact

Phone

Best time to reach you

Day

Evening

Question

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Should You Work Outside of the Home?

Making the decision to return to work after staying at home with children or leaving the workforce to stay at home is sometimes a difficult decision for parents. The financial aspects of that decision will be based on the elimination of expenses incurred while staying at home, examples of which are life and health insurance premiums that may be replaced by employer-provided plans. When looking at the benefits of working, income should be considered right alongside of the ability to build a retirement fund through 401(k) contributions, the cost of health and life insurance and the expenses associated with being part of the work force.