Payroll Vocabulary Explained

We break down payroll’s complex terms from A to Z for easy understanding.

Garnish

What Does It Mean to Garnish Wages?Garnishment refers to the legal process in which a portion of an employee’s paycheck is withheld by the employer and redirected to a third

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Form 5498-SA

Understanding Form 5498-SA: Overview and Key InformationForm 5498-SA is a federal tax form used to report contributions to Health Savings Accounts (HSAs), Archer Medical Savings Accounts (MSAs), and Medicare Advantage

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Form 1099-SA

Form 1099-SA: What It Is and Why It MattersForm 1099-SA is a federal tax form used to report money withdrawn from Health Savings Accounts (HSAs), Archer Medical Savings Accounts (Archer

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Fluctuating workweek

Fluctuating Workweek: Definition and OverviewThe fluctuating workweek is a pay structure recognized under the Fair Labor Standards Act (FLSA). It allows employers to compensate non-exempt employees with a fixed weekly

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