JMU : Back to Understanding your Paycheck/Direct Deposit Advice you claimed on your W4 or VA4 as well as the number of allowances you have claimed. wages you earned, the total taxes withheld, the total deductions taken and your net pay. Fed OASDI/EE: Federal Old Age Securit Fed OASDI/EE increased on 2013 paycheck? : When you look at your paycheck, it can be frustrating to see an alphabet soup of . involving our tax rates have taken any security out of know what you will pay. Understanding Your Paycheck Info Sheet 1 13 1 F1 : deductions taken out of a paycheck and what they are used for. . MED/EE or MedicareThe nation's health care program for the elderly and disabled. This tax provides hospital and What suggestions do you have for Chris to correct the sit Payroll Services FAQ : Retirement deductions (TRS, ERS, ORP) Tax deductions OASDI/EE (social security tax) A: Depending on your normal payroll deductions for the first and second checks you may see a As there are no insurance taken and no optional deductions What is the FICA tax that is taken out of my paycheck? : to you by the Cooperative Extension System and your Local Institution Act. FICA tax is the money that is taken out of workers' paychecks to pay older children who have lost working parents, and disabled workers who Arrival Information issso : If you have questions about your individual pay check, please contact the area within your department that distributes your paycheck or direct deposit advice. the Fed Med/EE is the Medicare tax and Fed OASDI/EE is the Social Security tax . Payroll Essentials handbook Emory Finance : Understanding Your Paycheck . To get started all you need is your PeopleSoft User ID, Password, and bank . federal and state withholding in addition to FED/ MED/EE, which is Medicare tax and Deductions listed in this box are taken . Book 1 Sample Page : Most likely, it was taken out of your The amount you may have been expecting in your paycheck is called gross Fed OASDI/EE . Office code (optional) 10. Understanding Your Paycheck pdf : Funded by a grant from Take Charge America, Inc. to the Norton School of Family May 2010 Paychecks and Taxes Unit Understanding Your Paycheck Page 10 Required and Optional Deductions . This tax includes two separate taxes: Fed Summary Of Payroll Tax Guidelines : The optional flat rate of withholding allowed for supplemental wage the employee portion of the OASDI rate, as was the rate in 2011. As in 2011, you will need to withhold from your employee's gross wages mailed out pri Unit 3 : That means if your income was 33 100, you would take home. Sample . fora 401K plan. How much money would have been deducted from this paycheck? employeebenefits : If you have Medicare or will become eligible for Medicare in the next 12 Change in coverage under another employer plan (including mandatory or optional change from your spouses employer and change initiated . EE + Child (ren) Select: Med + Full Time Rates . from your paycheck before taxes are taken out. Prepare Now for 2013 Payroll Changes : Your employees will notice a difference in their first paycheck of If you have questions about the alert or how your payroll will be Disability Insurance ( OASDI, also known as FICA) and 1.45% is for hospital insurance . for EE Use been added or removed from the Plan, as well as any maximums for Social Security Administrations Master Earnings File Background : The administrative needs of SSA and other agencies have changed over time and, the taxing provisions were taken out of the Social Security Act and placed in the Covered earnings below the taxable maximum are called OASDI taxable . is no way to break out the amount of covered earnings from wages and salary, Keeping Your Plan In Shape NonDiscrimination TIAA : This edition has been updated to take Some of the key ones that you will need to understand unduly favored in terms of contributions, optional forms of tory as a condition of employment or irrevocable salary ees compensation that can be considered is also Wage Base for the OASDI portion of Social Security. Employee Self Service Instructions : Employee Self Service allows KState employees to view their paycheck Important: After viewing Self Service data, select Sign Out before closing You may review your Medical/Prescription, Dental, Vision, Supplemental Life, TEA Hrs Taken . Fed MED/EE (Employees share of Medicare) Fed OASDI/EE ( Employees Welcome to New Employee Orientation : Your Paycheck Information. Your Benefits schedule to help you get around Louisville. Find out if your first check with be direct deposit . Employee (EE). PEIA Indemnity Plan : If You And Your Spouse Are Both State Employees . PEIA Indemnity Plan, but with lower outofpocket costs, in most . the Claim Administrator which explains the action taken on the . optional) for you or your dependents, you will have to submit a med ee, you may do so later in accordance with current guidelines. NEA : I have been a paraeducator in the schools for 10 years. i amake a grand total of $15,000.00 a year. you add in that they take out over $300.00 for insurance and I Parental leave : Only four countries have no national law mandating paid time off for new parents: Liberia, According to Motherhood Manifesto, paid family leave will help out the . Leave (including the 16 weeks optional leave) must be taken as a single . rate (as of 2011 = £128.73) or 90% of your salary if that is less than the flat rate).