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Has your paycheck ever seemed lower than you expected? Your gross pay and net pay can differ significantly. Your gross pay is what you earn, while your net pay, or take-home pay, is what you receive after withholdings. Withholdings are a combination of taxes, benefits and retirement account contributions that are deducted from your pay before your employer issues your paycheck. In this episode, we’ll explain in detail what they are and how you can effectively manage them.
