IDNLearn.com makes it easy to get reliable answers from experts and enthusiasts alike. Get accurate and comprehensive answers to your questions from our community of knowledgeable professionals.
what is the difference between compulsory and voluntary deductions
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.
Your participation means a lot to us. Keep sharing information and solutions. This community grows thanks to the amazing contributions from members like you. Discover the answers you need at IDNLearn.com. Thanks for visiting, and come back soon for more valuable insights.