Reference no: EM133166159

Questions - Lisa works for a company that provides her and her family health insurance on non- contributory basis. Her employer Spends $9,400 on this health insurance. What is the pre tax salary equivalent of this tax free benefit if her tax rate is 15%?

Bob and John both work for Comcast. They both make $48,000 and they also each have 53300 a year in child care expenses. Bob deposits $3300 a year into a dependent care flexible spending account while John does not. They both have a tax rate of 16%. How much does Bob save vs. John in a given year?

Mary and Kendal both work for WAWA. They both make $55,000 and they also each have 51300 a year in health care expenses. Mary deposits $1300 a year into a dependent care flexible Spending account while Kendal does not. They both have a tax rate of 21%. How much does Mary save vs. Kendal in a given year?