14.4k views
0 votes
Anna receives her first paycheck and realizes that her take-home pay is substantially less than the rate she was offered when hired. Why?

User Nikoniko
by
8.2k points

1 Answer

1 vote

Final answer:

Anna's take-home pay is less than the rate she was offered due to various deductions and taxes that are taken out of her paycheck.

Step-by-step explanation:

Anna's take-home pay is less than the rate she was offered because of various deductions and taxes that are taken out of her paycheck. These deductions include federal and state income taxes, Social Security and Medicare taxes, and any other contributions or benefits that Anna may have chosen to enroll in, such as health insurance or retirement savings plans.

Additionally, depending on Anna's employment agreement or company policy, there may be other deductions from her paycheck, such as for union dues or repayment of a loan.

It is important for Anna to review her paycheck and understand the various deductions and taxes to accurately assess her take-home pay and compare it to the rate she was initially offered.

User Ni Xiaoni
by
8.8k points

No related questions found