StudyGPT Just Leveled Up – Say Hello to Knowee! 🚀
Knowee
Questions
Features
Study Tools

_____________ is a type of voluntary payroll deduction.A.Federal withholdingB.FICAC.State withholdingD.Health insurance

Question

🧐 Not the exact question you are looking for?Go ask a question

Solution

The correct answer is D. Health insurance.

Explanation

Voluntary payroll deductions are amounts that employees choose to have withheld from their paychecks for specific purposes, rather than being mandated by law. Among the options provided, federal withholding (A), FICA (B), and state withholding (C) are all mandatory deductions required by law. These deductions are used to pay for federal and state taxes as well as Social Security and Medicare taxes.

In contrast, health insurance (D) is a voluntary deduction that employees can opt into. Many employers offer health insurance plans that employees can choose to enroll in, which enables them to have premiums deducted directly from their paycheck. This process allows employees to manage their benefits and make choices that suit their individual needs, making health insurance the only option listed that qualifies as a voluntary payroll deduction.

This problem has been solved

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.