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Gross Earnings
The total amount of income earned by an individual or entity before any deductions or taxes are applied.
Deductions
Amounts subtracted from gross income to reduce taxable income, including expenses, allowances, or certain types of losses.
Payroll Deductions
Amounts subtracted from an employee's gross pay for taxes, insurance, retirement contributions, and other mandatory or voluntary expenses.
Pension Contributions
Funds put into a pension plan by individuals or employers intended to finance retirement benefits.
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