Category Archives: Payroll

Social Security reconciliation

How is Social security configured ? Social Security and Health tax are mandatory deductions from gross pay. In addition to the employee’s contribution there is also an employer’s contribution. They are configured at two rates: a lower rate for gross … Continue reading

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The Pension Test

If you want to retire with a “normal” amount of pension, you need to be sure you are utilizing to the maximum the options available to you. In order to do this you must first understand the makeup of pension … Continue reading

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