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Which is an example of a withholding you might see on your pay stub?
a)health insurance
b) retirement savings
c)both a and b
d) neither a or b

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Kalahira
A withholding you might see on your pay stub can include a retirement savings or a health insurance payment. Therefore, the answer would be C because the correct answers are both A and B. It is common for many to have a 401K or 403-B in which your employer will withhold some of your paycheck to deposit into your retirement accounts.
soneyedesola44

The correct answer is C. This implies that both a and b are correct. Health insurance and retirement savings are examples of withholding you might see on your pay stub

It is very common today to have withholding on the employee pay stub. A pay stub by definition is a document that indicates or shows what employees earn whenever a salary is paid.

Further Explanation

The pay stub is a typical document that reveals all the important information about an employee's salary. Some of the information that a pay stub contains include

  • The time the employee salary was paid
  • It shows if there is any reduction in the salary
  • It also provides details about revenue at the time the salary was paid.

Employees need to keep their pay stub for reference, particularly to address any matter including illegal salary reduction. A pay stub can also contain some withholdings deducted from your gross salary.

Some of the common withholdings are:

  • Saving plan
  • Medical insurance
  • Retirement saving plans
  • Tax withholdings
  • Deductions that employees agreed to on their salaries

However, some of the examples of pay stub withholding include

  1. Insurance policies
  2. Social security tax
  3. Medicare tax
  4. Federal income tax

The federal insurance contribution acts (FICA) is the acts that manage the payment of social security tax and Medicare tax.

LEARN MORE:

  • Which is an example of a withholding you might see on your pay stub brainly.com/question/7286610
  • Whats the diffrence between health insurance and insurance brainly.com/question/12744362

KEYWORDS:

  • withholding
  • Health Insurance
  • Retirement Savings
  • pay stub
  • Medicare tax