Examlex
Name the figure below.
Payroll Tax Deductions
Amounts withheld from an employee's wages by an employer for taxes, including federal and state income tax and FICA taxes.
FUTA Tax Credit
A credit against Federal Unemployment Tax Act (FUTA) tax liability that employers can claim for amounts paid into state unemployment funds.
Life Insurance
A contract providing payment to designated beneficiaries upon the insured person’s death, offering financial protection against the loss of income.
Health Insurance
A type of insurance coverage that pays for medical and surgical expenses incurred by the insured or reimburses them for expenses from illnesses or injuries.
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