SAVING IN THE PLAN
WITH BEFORE-TAX DOLLARS
SAVING OUTSIDE THE PLAN
WITH AFTER-TAX DOLLARS
Your Annual Pay$75,000$75,000
Your Before-Tax Contribution At 6%$4,500$0
Taxable Income$70,500$75,000
Federal Tax Withheld$10,534$11,524
Net Income$59,966$63,476
After-Tax Savings Outside The Plan$0$4,500
Spendable Income$59,966$58,976
Savings Advantage$990$0
* This example is hypothetical and for illustrative purposes only. Actual taxes will vary; based on 2020 standard deduction and exemption amounts.

This website provides highlights of the Hess Corporation benefits plans and programs for 2020. If there is any discrepancy between the information provided on this website and the official plan documents, the official plan documents will govern. Hess reserves the right to amend or terminate the plans at its discretion at any time.