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Q: What is an optional deduction for money to be taken out of an employee's paycheck?
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Which of these is an optional deduction for money to be taken out of an employee's paycheck?

disability insurance


Can I have money taken right out of my paycheck and put into an IRA plan?

You can set up a payroll deduction for your retirement account, provided that your employer has such a system in place. The amount of the deduction is predicated on the IRS limits.


Should you give money to people over in Africa?

Giving money to charities in other countries is completely up to you. It is not a requirement and is an optional thing you can do to help others out and it will also be a tax deduction.


What is fica retire?

It's either Social Security, or a combination of Social Security and Medicare. Paycheck deduction statements may combine the individual FICA deduction for Medicare and Social Security into one deduction and call it "Retire". Rest assured that it's not YOUR retirement, and you'll never see that money again.


Is bond is a optional money?

no bond is not an optional money. A cheque can be a form of optional money.


Investing in a 401K is Free Money?

If your employer offers its employees the option to invest in a 401K, you would be very wise to take it. Many employers also offer matching funds as a way to encourage employees to save for retirement. If you contribute five percent and your employer will match half of that, that is just like getting free money every paycheck. In addition, the money is taken from your paycheck before any taxes are applied.


Which are some true statements about a paycheck stub?

Headings on a paycheck stub help explain what money was earned by an employee and what money was withheld from a paycheck!!


Can you file the amount of money taken out of your paycheck on you tax returns?

No deduction on your income tax return for the withheld amounts from your paycheck. All of the information from the W-2 that you receive after the end of the year will show all of the different withheld amounts and is used in filing your income tax return correctly to the IRS.


What kind of service is Paycheck Advance?

Paycheck Advance is a service that allows one to get money in advance, prior to receiving their money from their employment. It charges a set percentage to lend the money before the paycheck is given.


What is a paycheck?

A paycheck is the money received when working a business. The paycheck will include the amount they have earned after taxes have been taken out.


What is paycheck?

A paycheck is the money received when working a business. The paycheck will include the amount they have earned after taxes have been taken out.


How much money did Paycheck gross worldwide?

Paycheck grossed $89,350,576 worldwide.