Business Intelligence

How Will Payroll Adjustments Affect My Paycheck?

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Executive Summary

Contributions to a qualified plan, participation in a company-sponsored cafeteria plan, change in filing status, or number of allowances claimed will have a direct impact on take-home pay. For example, due to federal savings, contributions to a qualified plan do not translate into a direct dollar-for-dollar tradeoff on take-home pay. Use this tool to help compare your current situation to what-if scenarios.

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