Examlex
Studies show that retirement, in and of itself, contributes to poor health.
Incurred
Refers to costs, expenses, or liabilities that have been realized or obtained by a business, usually through its operations.
Fringe Benefits
Benefits provided to employees in addition to wages and salaries.
Recognized
In accounting, refers to the formal acknowledgment of a financial transaction or position within financial statements.
Social Security Taxes
Taxes collected from employees and employers to fund the Social Security program, providing benefits for retirees, disabled individuals, and survivors.
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