Examlex
Which of the following is NOT true in describing adjacent tenants?
Social Security Withholding
The portion of an employee's wage that is deducted and sent to the government to fund Social Security benefits.
Federal Income Tax Withholding
The process by which an employer deducts a portion of an employee's income and pays it directly to the government, as a prepayment of the employee's federal income tax.
Net Pay
The amount of a person's paycheck after deductions, such as taxes and retirement contributions, have been removed.
FICA Tax
A U.S. federal payroll tax known as the Federal Insurance Contributions Act tax, which finances Social Security and Medicare benefits.
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