Payroll deductions are an integral part of every employee’s financial landscape, but understanding their complexity can be intimidating. This guide is here to clarify the world of payroll deductions, helping you grasp the essentials and make informed decisions.

In our guide, we dive into the two main categories of payroll deductions: mandatory and voluntary. We explore the legal requirements behind mandatory deductions, such as FICA taxes and wage garnishments, while also shedding light on the benefits and strategic advantages of voluntary deductions like health insurance premiums and retirement plan contributions.