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Gross Pay

Total amount of pay and renumeration received by an employee before deductions for taxes, cafeteria plan and other deductions.  Can include

  • overtime pay
  • bonuses
  • commissions
  • stock option grants
  • vacation pay
  • shift differential pay
  • reimbursements
  • many other items not listed
 

FYI - You can save taxes and help with your family college expenses with Section 529 Savings accounts! Ask your administrator if you have a plan.