what is the difference between compulsory and voluntary deductions

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07-06-2021
Physics

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what is the difference between compulsory and voluntary deductions

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chelsey044385 chelsey044385 · Answer 1 · 2021-06-07T08:24:43-04:00

chelsey044385 chelsey044385

07-06-2021

Answer: Mandatory payroll deductions are the wages that are withheld from your paycheck to meet income tax and other required obligations. Voluntary payroll deductions are the payments you make to retirement plan contributions, health and life insurance premiums, savings programs and before-tax health savings plans.

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what is the difference between compulsory and voluntary deductions​

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what is the difference between compulsory and voluntary deductions