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Tag: 401k

Here’s to Firsts: Understanding Your First Paycheck

You just got your first paycheck and — surprise! — it may be quite a bit smaller than you expected. Don’t worry, though, nothing is wrong. Your employer has simply deducted a number of required (and possibly some elective) payroll-related charges. That’s why you see so many deductions listed on your pay stub. Here are some terms related to your paycheck that you may want...