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Another Name for Lifecycle Funds Is

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Another name for lifecycle funds is:


Definitions:

Payroll Register

A payroll register is a detailed document that records all employees' payroll activities, including wages, salaries, deductions, and net pay for a specific period.

Net Pay

The amount of an employee's earnings remaining after deductions, such as taxes and social security contributions, have been made.

Withholding Table

A chart that helps employers determine the amount of taxes to withhold from employees' paychecks based on their earnings and tax status.

FICA Tax Rate

The combined percentages for Social Security and Medicare taxes that employers and employees must pay based on wages or salaries.

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