payroll deduction
noun
: money earned but not included in a paycheck because it is used to pay the employee's taxes, insurance costs, etc.
Examples of payroll deduction in a Sentence
Recent Examples on the Web
These programs generally require employers who don’t offer a workplace retirement plan to automatically enroll workers into the state plan and facilitate payroll deduction.
—
Greg Iacurci, CNBC, 16 Oct. 2024
If anything, plans that invest in index funds provide market stability as employees buy more of them with each paycheck, buoying the market with every automatic 401(k) payroll deduction.
—Harper's Magazine, 21 June 2024
Eligible employees can contribute money toward retirement, typically through a payroll deduction.
—Nerdwallet, The Mercury News, 5 June 2024
District officials did not confirm whether that mistake was related to its use of the new payroll deduction system.
—Annie Vainshtein, San Francisco Chronicle, 13 Mar. 2023
Arizona, however, is apparently the only team that will charge players for dinners via a payroll deduction.
—Lorenzo Reyes, USA TODAY, 1 Mar. 2023
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Greg Iacurci, CNBC, 16 Oct. 2024
If anything, plans that invest in index funds provide market stability as employees buy more of them with each paycheck, buoying the market with every automatic 401(k) payroll deduction.
—Harper's Magazine, 21 June 2024
Eligible employees can contribute money toward retirement, typically through a payroll deduction.
—Nerdwallet, The Mercury News, 5 June 2024
District officials did not confirm whether that mistake was related to its use of the new payroll deduction system.
—Annie Vainshtein, San Francisco Chronicle, 13 Mar. 2023
Arizona, however, is apparently the only team that will charge players for dinners via a payroll deduction.
—Lorenzo Reyes, USA TODAY, 1 Mar. 2023
Dictionary Entries Near payroll deduction
Cite this Entry
“Payroll deduction.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/payroll%20deduction. Accessed 23 Nov. 2024.
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