![]() ![]() What is the service that collects federal taxes? IRS What are charges imposed on citizens by governments? TAXES What is the most secure paying method? DIRECTDEPOSIT Who is responsible for handling the paycheck? EMPLOYEE What plan do employees contribute to each period? RETIREMENT What type of withholding tax is required by law to withhold from wages to pay taxes? FEDERAL What is subtracted from the gross pay? DEDUCTIONS What pay is the total amount of money left over after all deductions? NET What is the total amount of money earned during the pay period before deductions? GROSSPAY What is used to list paycheck deductions? PAYCHECKSTUB 1 to the last day of the pay period? YEARTODATE Totals of all deductions which have been withheld from Jan. What type of tax is based on 1.45% of employees gross income? MEDICARE What tax is based on 6.2% of employees gross income? SOCIALSECURITY The length of time for which an employee's wages are calculated? PAYPERIOD What type of withholding tax is used to assist in funding government agencies within states? STATE ![]() The amount taken from the employees paycheck for medical benefits? MEDICAL What is the other name for the Federal Insurance Contribution Act? FICA ![]()
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