7
QuizMultiple Choice

Gross Pay vs. Net Pay

Question 7 • SHS Alt Personal Finance - 2021

Which of the following would affect an employee’s net pay?

Answer
A
Opting out of their employer’s dental insurance plan and putting the money saved into their employer’s health insurance plan
B
Claiming a different number of dependents and thereby reducing their income tax withholdings
C
Getting a raise and putting the extra money into a 401(k) plan
D
Receiving a bonus in the form of extra vacation days
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