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3 years ago

Which is an example of a withholding you might see on your pay stub.

Business

2 answers:

zhannawk [14.2K]3 years ago

8 0

<u>Health insurance and retirement savings are the example of a withholding which can be seen on the pay stub. </u>

Further explanation:

Withholding:

The tax charged on wages and commissions on the basis of income is termed as withholding.

• Health insurance covers the insurance of the whole body and the medical expenses also. Withholding can be seen on the pay stub of health insurance. So this option is also correct. But not completely correct as withholding can be seen on the pay stub of retirement savings also which is in the next option.

• Retirement savings plan is a retirement plan, withholding can be seen on the pay stub. It is an example of withholding.

• This option is correct as withholding includes both the example of health insurance and retirement savings.

• This option says that neither health insurance is an example of withholding or the retirement savings, so this is not correct. As health insurance and retirement savings are an example of withholding which can be seen on the pay stub.

<u>Thus, health insurance and retirement savings are an example of withholding. </u>

Learn more:

1. Insurance

brainly.com/question/7325538

2. Life Insurance

brainly.com/question/2674013

3. Insurance rules

brainly.com/question/6075135

Answer details:

Grade: High School

Subject: Business

Chapter: Insurance

Keywords: Which is an example of a withholding you might see on your pay stub, health insurance, retirement Savings, both a and b, neither a nor b, tax, applied, wages, commission, bonuses, medical expenses.

snow_tiger [21]3 years ago

3 0

Both A and B (Health Insurance and Retirement Savings) are an example of a withholding you might see on your pay stub.

<h3>Further explanation </h3>

A withholding tax is the income tax paid to the government by the payer of the income rather than by the recipient of the income. Withholding allowance is an exemption that reduces how much income tax of an employer deducts from an employee's paycheck.

A pay stub also known as a paycheck stub or pay slip is the document that itemizes how much employees are paid. It is that outlines the details of their pay of each pay period.

The pay stub include:

Gross wages (the amount you earn before deductions)
Tax deductions (federal, state, and local taxes, social security, medicare)
Other deductions (health insurance, life insurance)

Both A and B (Health Insurance and Retirement Savings) are an example of the withholding you might see on your pay stub. Health insurance is the insurance against illness, accident, injury, poisoning also life threatening conditions.

<h3>Learn more</h3>

Learn more about health insurance brainly.com/question/10257913
Learn more about retirement savings brainly.com/question/10344819
Learn more about withholding tax brainly.com/question/13401026

<h3>Answer details</h3>

Grade: 9

Subject: business

Chapter: pay stub

Keywords: pay stub, health insurance, withholding tax, retirement savings, paycheck

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