Tuition reimbursement is a benefit offered by some employers to support employees’ continuing education. It involves the employer reimbursing a portion or all expenses employees incur for approved educational programs... Read More
Author: Stubcreator
You are compensated for working past the standard working hours with overtime pay. For instance, if your usual workweek is 40 hours and you are entitled to overtime compensation, working... Read More
The first and most common mistake on a paycheck stub is incorrect personal information. This can include your name, social security number, address, and other personal details. These errors can... Read More
SUTA stands for the State Unemployment Tax Act. It is required of all employers to pay this payroll tax. On behalf of their employees, the money is deposited into the... Read More
A one-time payment made on behalf of a person or family to maintain the status of their health insurance policy is known as a health insurance premium. When purchasing health... Read More
According to the U.S. Internal Revenue Code section 401(k), a 401(k) plan is an employer-sponsored, defined-contribution plan, personal pension (savings) account in the country. Regular employee contributions are automatically withheld... Read More
The Federal Insurance Contributions Act (FICA) mandates that all employers withhold two taxes, including the Social Security tax. The Medicare Tax is the other. Most employees, companies, and self-employed individuals... Read More
In accordance with the Federal Insurance Contributions Act (FICA), a 1935 U.S. law that also mandates employers to make matching contributions, a payroll tax must be withheld from employees’ paychecks.... Read More
One of the primary benefits of paycheck stubs is that they provide a detailed breakdown of your earnings and deductions. Looking at your paycheck stub, you can see exactly how... Read More
The sum that is credited to an employee’s salary account on a monthly basis (or weekly, depending on the conditions of the employment contract) is known as the net salary,... Read More