How does the third paycheck of the month affect net pay?
Depending on your normal payroll deductions for the first and second checks you may see a difference in the amount of your Federal withholding deduction thereby increasing or decreasing the amount of net pay. As there are no insurance taken and no optional deductions taken usually the mandatory check net (take home pay) is slightly higher. Note: Employees owing insurance premiums for prior pay periods, may incur a back deduction on the optional or mandatory check.
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