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2023-2025 Form
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People also ask
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What is er health on my paycheck?
ER health stands for employer responsible health contributions. It refers to the amount that your employer has to pay in the form of healthcare coverage. In some paystubs, employer contributions to health may come under an alternative abbreviation.
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What does "er" stand for on a payslip?
Your 'Pay Related Social Insurance' (also called your social insurance contributions). 'EE' means it is paid by the employee. PRSI ER. Your 'Pay Related Social Insurance' (also called social insurance contributions). 'ER' means it is paid for you, by your employer.
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What does er mean on my paystub?
The acronym “ER” stands for “Employer's responsibility.” In the United States, the Federal Insurance Contributions Act (FICA) requires employers to pay a portion of the Social Security and Medicare taxes on behalf of their employees. These taxes are based on the wages earned by the employee.
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What is the er life on my paycheck?
To keep this as simple and straightforward as possible, er stands for 'Employer Responsible'. This refers to the money that your employer pays for your healthcare coverage.
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What is the difference between EE and ER payroll taxes?
Employee Taxes Fed OASDI/EE: This is your contribution to Social Security. Every employee contributes 6.2% of his or her paycheck. Fed OASDI/ER: This is your employer's contribution to Social Security. They match the amount you were required to pay.
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What do the abbreviations on my paycheck mean?
FED, FIT or FITW: Federal income taxes. STATE, SIT or SITW: State income taxes. OASDI, FICA, SS or SOCSEC: Social Security payments. MED: Medicare taxes. FSA or HAS: Flexible spending account or health savings account.
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What are ER health premiums?
ER: Employer. ER Total: The portion of an employee's health insurance premium paid for by the employer. This amount may be as low as 50% of the cost of the lowest sponsored plan made available to employees.
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What is the er match on a pay stub?
When you see ER in the deduction area, it means that whatever is there is being paid for by the company. Medical, federal income tax, state income tax, 401k (for match), etc. This is why sometimes you'll see Medical EE and Medical ER if you have a plan that is paid at least partially by your employer.
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