paycheck deduction
Earnings taken out
A paycheck deduction is an amount withheld from an employee's wages before payment.
Some deductions are mandatory—federal and state taxes, Social Security, Medicare.
Others are voluntary: health insurance premiums, retirement contributions, union dues.
After all the deductions, my paycheck was half what I expected.
- gross incomeEarnings before any deductions
- income taxGovernment charge on earnings
- alimony paymentsFinancial support post-marriage
- Medicare taxFederal health insurance levy
- union duesPayments to labor organizations
wage garnishment · charitable donations · commuter benefits · federal withholding · unemployment insurance · state income tax · disability insurance · payroll tax · parking fees · supplemental insurance · tax liens · pay stub · court fines · gym memberships · net pay · take home pay · direct deposit · child support
- Payroll Taxespayroll tax, payroll taxes, Medicare tax, withholding tax, federal withholding
paycheck deductionbonus
Reward beyond expectation
pay raise · salary increase · wage increase · signing bonus · performance bonus
paycheck deductionwindfall
Unanticipated lucky gain
pay bump · cash award · spot bonus · merit increase · gross pay
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