PSC 4-5 Define Miscellaneous Deductions Match each of the voluntary deductions listed with the correct definition. 1: Match each of the voluntary deductions listed with the correct definition. Retirement plan Wage gamishment Dependent care flexible spending account DROP HERE DROP HERE DROP HERE These provide an employee with financial security upon ceasing employment. A wide variety of these exist, and withholding from gross pay for these plans is a voluntary deduction. A flexible spending account that is designated for a specific purpose. It is a type of cafeteria plan. The withholding of a portion of an employee's earnings, in compliance with a court order or other legal proceeding. Limited to the lesser of 25% of disposable earnings or the amount of disposable earnings that exceed 30 times the federal minimum wage..
PSC 4-5 Define Miscellaneous Deductions Match each of the voluntary deductions listed with the correct definition. 1: Match each of the voluntary deductions listed with the correct definition. Retirement plan Wage gamishment Dependent care flexible spending account DROP HERE DROP HERE DROP HERE These provide an employee with financial security upon ceasing employment. A wide variety of these exist, and withholding from gross pay for these plans is a voluntary deduction. A flexible spending account that is designated for a specific purpose. It is a type of cafeteria plan. The withholding of a portion of an employee's earnings, in compliance with a court order or other legal proceeding. Limited to the lesser of 25% of disposable earnings or the amount of disposable earnings that exceed 30 times the federal minimum wage..
Chapter19: Deferred Compensation
Section: Chapter Questions
Problem 2DQ
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Transcribed Image Text:PSC 4-5 Define Miscellaneous Deductions
Match each of the voluntary deductions listed with the correct definition.
1: Match each of the voluntary deductions listed with the correct definition.
Retirement plan
Wage gamishment
Dependent care flexible spending account
DROP HERE
DROP HERE
DROP HERE
These provide an employee with financial security upon
ceasing employment. A wide variety of these exist, and
withholding from gross pay for these plans is a voluntary
deduction.
A flexible spending account that is designated for a specific
purpose. It is a type of cafeteria plan.
The withholding of a portion of an employee's earnings, in
compliance with a court order or other legal proceeding.
Limited to the lesser of 25% of disposable earnings or the
amount of disposable earnings that exceed 30 times the
federal minimum wage.
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