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What is the money in your paycheck called?

It is your salary or your wages.


What is it called when you owe money for a bill and they take it out of your paycheck?

Garnishment .


Where does FSA money go after it is deducted from my paycheck?

FSA money deducted from your paycheck goes into a special account that you can use to pay for eligible medical expenses, such as doctor visits, prescriptions, and medical supplies.


Should you direct deposit your paycheck into your savings account or checking account?

It is generally recommended to direct deposit your paycheck into your checking account for easier access to your money for everyday expenses. However, you can also consider splitting your deposit between your checking and savings accounts to help save money for the future.


How can one save money in an organized and fashionable way?

The easiest way is to set up an automatic debit against your paycheck or checking account at your bank, with a specified amount being automatically taken from your paycheck or checking account and deposited into a savings account.


Can husbands paycheck that was put in joint bank account for child support be levied?

If you are the joint-owner of the account you have already have access to the money so there is no reason to levy it. If you are not the joint-owner then you can't levy the money in the account, only the money paid to him via his paycheck. The levy would cause his employer to divert some of the funds that it pays to him, before he receives it.


What is it called when you put money in your account?

When when you put money in your account it is called "making a deposit."


Where should my paycheck be deposited, into my checking account or savings account?

Your paycheck should typically be deposited into your checking account, as it is designed for everyday expenses and easy access to your money. Your savings account is better suited for long-term savings goals and should be used to build up your savings over time.


Can I add money to my 403(b) retirement account?

Yes, you can add money to your 403(b) retirement account through regular contributions from your paycheck or through additional contributions if allowed by your employer.


What is money placed into an account?

money in a bank account, when u put money into an account it is called a deposit.


What is money in a checking account called?

Money in a checking account is called demand deposit.


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!!