Examlex
Match each description with the item below.
-John Keats
Payroll Taxes
Taxes imposed on employers or employees, usually calculated as a percentage of the salaries that employers pay their staff.
Net Pay
The amount paid the employee, calculated as gross pay less payroll deductions.
FICA Taxes
Taxes imposed on both employers and employees to fund Social Security and Medicare.
Social Security
A government program that provides financial assistance to individuals during retirement, disability, or upon the death of a parent or spouse.
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