Examlex
As the new Constitution went into effect, Founding Fathers like Franklin and Washington viewed its future with feelings of:
Net Pay
The amount of money an employee takes home after deductions such as taxes and retirement contributions have been subtracted from their gross salary.
Voluntary Deductions
These are payroll deductions that an employee chooses to have withheld from their paycheck, such as for retirement plans, health insurance, or union dues.
Health Insurance
Health insurance is a form of insurance coverage that typically pays for medical, surgical, prescription drug, and sometimes dental expenses incurred by the insured.
Retirement Plan
A financial arrangement designed to replace employment income upon retirement, often including contributions from both the employer and employee.
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