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An increase in take-home pay is coming: How will you use it?

The average American worker will likely see an estimated increase in take-home pay of $70 a paycheck in 2018. Here are some ideas for what to do with it.

By Begonya Klumb | Updated on February 05, 2018
The average American worker will likely see an estimated increase in take-home pay of $70 a paycheck in 2018. Here are some ideas for what to do with it. (Photo: Shutterstock)

Within the next two months, the average American worker will likely see an estimated increase in their take home pay of $70 a paycheck, or $2,000 a year, due to the 2017 Tax Reform Act.

It’s anticipated that most Americans will immediately absorb the extra money as part of their normal budget spending; $70 per pay period could easily justify a nice dinner out or a new phone or cable upgrade for many individuals.

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