State Farm worker service 70% sales 30% no benefits 45k salary new insurance rep
I’m a SF worker for an agent. I was offered 45k for salary which seemed like a lot at time. However I have to pay for my own heath and investments. If I used 10k of my salary for that, it only leaves me with 35k before taxes. Which after taxes is not enough to actually live off…
I’m 70% service and 30% sales. I haven’t gotten health insurance yet because everyone is around $300-$500 for a plan… especially if I want to invest in a HSA to help pay for deductibles. This kind of leaves me with nothing to invest in for retirement. I have a lot of medical problems and need to have a decently low deductible. Roughly 8k-9k I guess.. which if I do the treatments I need I’ll already hit my deductible. I’m worried and starting to think this wasn’t a good idea to go with. I was recently at a job where I had all those benefits and my insurance was only $150 a month…. Plus with 401k I was paying roughly $300 a month. I was hourly at my last job in a mortgage field making $20.70 hr 40 hrs a week and over time open pretty often. I only left because the drive was really far and I couldn’t keep doing it.
I know if I keep selling and try to get more commissions it would help with paying out the difference but we aren’t a high sales office. It’s only me here and my agent.
Keep in mind I’m a new insurance rep I just got licensed so I assume my pay is based off entry level. I’m unsure if I’ll get more money down the line, however when I see other job offers it shows 55k salary…
Any thoughts ???