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"How to Calculate Your Take-Home Salary in the US"
When accepting a new job, one of the most important calculations you need to do is to find what your new take-home salary may be.
This is often different from the advertised payable salary. Your take-home salary is the figure that you have available each month after your deductions have been made.
These deductions may include tax payments, pension contributions, health care insurance and other employee benefits or student loan repayments.
When added together, they can be a sizeable amount of your gross salary.
Your paycheck will likely detail all the relevant deductions. But it is good practice to know how to calculate your take-home salary before you start a new job so that you do not have any surprises on payday.
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