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Mandatory & Non Mandatory Deductions from a paycheck

AB
federal income taxsupports the federal government
state income taxsupports the state government you live in
local income taxsupports the town or city govenement you live in
social securitypays money to retired workers
medicare taxpays for healthcare coverage for retired workers
NJ TDIpays money to workers who are temporaily disabled
Unemployementpays money to workers that have lost their jobs
401ka retirment fund that is tax deferred
life insurancepays money to a beneficency if a worker dies
medical insurancepays for coverage for medical expenses
savingsa deduction to put money into the bank


Business Technology Teacher
Bridgeton High School
Bridgeton, NJ

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