Definitions for standard payroll terminology and acronyms.
This guide is part of our Payroll & Tax service — pay stubs, W-2s and payroll compliance tools.
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How direct deposit moves your pay from employer to bank account, the ACH timeline, split-deposit setups, and what to do when a deposit is late.
What Medicare tax is, why it has no earnings cap, how the 0.9% Additional Medicare Tax works, and how to check the amount on your pay stub.
Net pay defined with a full worked example: every deduction subtracted from gross pay, why the final number surprises people, and how to check it.
A-Z payroll glossary covering gross pay, deductions, FICA, withholding, direct deposit, and more, with links to in-depth guides for key terms.
The payroll vocabulary you encounter from offer letter to first direct deposit, explained in the order it actually shows up, not alphabetically.
An in-depth, authoritative guide explaining what is fica? to ensure you meet all compliance and financial reporting requirements.
An in-depth, authoritative guide explaining glossary: gross pay to ensure you meet all compliance and financial reporting requirements.
An in-depth, authoritative guide explaining glossary: ytd (year-to-date) to ensure you meet all compliance and financial reporting requirements.
