The hubby just sent me an email forwarded from his HR department.
Apparently starting with our next paycheck we will see a reduction in our withholding from the stimulus package. We should gross an extra $40/paycheck. Now usually I’d be complaining about what a measly sum that is, but that’s $800 for the year that we can save or throw at our debt. I just have to pretend it’s not there.
Most employers will take care of the changes without you lifting a finger, but you may want to check with your employer’s HR department to find out more. While you are there consider filing a new W4 if you got a hefty return. I still have to figure out if we need to change ours. We got a return, but I changed the W4 midway through the year, and now I’m working part-time. I’ll have to run the numbers today.
As far as arguments about how well the stimulus package will work out I’m no expert, but I do have a strong belief that we need to give our new President a little time to work on fixing things before we pass judgment. This mess didn’t happen in a short time frame and it will take a lot of work to fix things.