Payroll processing includes mandatory and voluntary deductions from employees' paychecks. Medical benefits are voluntary deductions that many employers offer their employees. Employees who accept the ...

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Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Whether you’re an employer running payroll or a W-2 employee who wants to better understand where your paycheck is going, you should understand what state, federal and benefits-related payroll ...