Take-home pay, also known as net pay, is the amount of an employee's salary or wages that is paid to them after deductions and taxes have been withheld. It is the final amount that an employee receives in their paycheck. Deductions may include items such as federal and state income taxes, Social Security and Medicare taxes, and any voluntary deductions for benefits such as health insurance or retirement savings plans. This can vary depending on factors such as the individual's income, number of exemptions, and state of residence.