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Here are the most common pay stub deduction codes:
- FED, FIT, or FWT: Federal income tax withholding
- State, SIT, or SWT: State income tax withholding
- FICA: FICA taxes paid for Medicare and Social Security
- YTD: Year-to-date
- MED: Insurance deductions for health, vision, or dental insurance
- INS: Insurance deductions for other coverage, such as life insurance
- 401 (k) or RET: 401 (k) contributions into a retirement plan
www.formpros.com/what-are-pay-stub-deduction-codes/- People also ask
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