What is the amount reflected on the paycheck after subtracting taxes and employee contributions to investment funds pensions health care and so on?
The amount you receive as you take home pay. Gross pay is the hours multiplied by hourly rate plus overtime if any, a salary or commission. When you deduct taxes you have what is referred to as net pay. This is your take home if you have no voluntary contributions such as medical insurance, 401(k) or other retirement account, private insurance or similar. Your question defines that you left with your money you will have to spend as you choose.,
The amount you receive as you take home pay. Gross pay is the hours multiplied by hourly rate plus overtime if any, a salary or commission. When you deduct taxes you have what is referred to as net pay. This is your take home if you have no voluntary contributions such as medical insurance, 401(k) or other retirement account, private insurance or similar. Your question defines that you left with your money you will have to spend as you choose.,