Pay checks
Do you know what gets taken out of your paycheck ?
Things that get taken out
- Federal withholding tax is withheld to pay taxes
- State withholding tax is a percentage taken from the paycheck to assist with funding government
EX Leaf pick up, snow plows
FICA 2 spartae taxes
- Fed OASDI/EE or social security which is Nations retirement programs
- Fed MED/EE or Medicare which is nations health care programs for elderly
If offered retirement and medical get taken out also