PAYCHECK
Taxes
Taxes are the largest expense most individuals will have. So it is important to understand the deductions. Almost 31% of an individuals paycheck is deducted. Taxes are immediatly paid on income earned.
Payroll Cards
Payroll cards are offered by people as a service of low income and people who don't have bank accounts. They also provide a way to escape bank service charges. The amount that can be spent is limited on their income
Direct Deposit
Transfer directly from the account of the payer to the recipients account. You also receive paycheck stubs.
Paper Paycheck
A paper paycheck is a payment given with a paper check with a paycheck stub. A paycheck stub is a document included each pay period.