QUESTION 4: Assume you were in the 25% tax bracket (you pay $0.25 in tax for each dollar earned) and you contributed $100 pretax to an employer's 401 (k) plan. Your take-home pay (what's in your paycheck after all taxes and other payments are taken out) will then: Decline by $100 Decline by $75 Decline by $50 Remain the same Do not know