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A pay stub contains all your income information, so it’s a great tool for tracking your salary, the taxes you’ve paid, insurance premium amounts, bonus information and vacation and overtime pay.
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A payroll card functions like a debit card and allows an employee to access their pay. [1] A payroll card is typically less convenient than cashing a paper paycheck, because the card can be used at participating automatic teller machines to withdraw cash (which usually requires the employee to pay a hefty fee to access their own money and ...
The employee’s portion of the OASDI tax is deducted from their paycheck automatically, and the employer pays their portion during the payroll process. Self-employed individuals will pay the full ...