take-home pay

(tāk'hōm')
n.
The amount of one's salary remaining after federal, state, and often city income taxes and various other deductions have been withheld.

Amount of salary remaining after all deductions have been taken out. Some of the most common deductions are for federal, state, and local income tax withholding; Social Security tax withholding; health care premiums, flexible spending account contributions; and contributions to salary reduction or other retirement savings plans.

Pay after deductions for taxes, Social Security, insurance, and other services.

Note: click on a word meaning below to see its connections and related words.

The noun has one meaning:

Meaning #1: what is left of your pay after deductions for taxes and dues and insurance etc

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