Examlex
Pay Period
The regular schedule by which employers pay wages to employees, such as weekly, biweekly, or monthly.
Social Security Taxes
Taxes levied on both employees and employers to fund the Social Security program, providing retirement, disability, and survivor benefits.
Wages
are payments made to employees for their services, typically calculated on an hourly, daily, or piecework basis.
Withholding Allowances
Claims made by employees on their W-4 form to reduce the amount of federal income tax withheld from their paychecks.
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