Re #1: Correct. Re #2: Unless you are a contractor. I was shocked to learn how much the about-to-retire ~20-30 year guys were making compared to my mid/senior

Re #1: Correct. Re #2: Unless you are a contractor. I was shocked to learn how much the about-to-retire ~20-30 year guys were making compared to my mid/senior level long-term contractor position was paying.