look at the lines that say health, dental and retirement. which statement below is accurate? company name…

look at the lines that say health, dental and retirement. which statement below is accurate? company name some corporation 123 somewhere drive, durham, nc 12345 check no. earnings statement employee name hope marie kingley ssn xxx - xx - 6789 employee id 98765 pay - period 5/1/2020 - 5/2/2020 pay date 5/2/2020 income rate hour current total year - to - date gross wages 15.00 40 600.00 7840.00 deductions current total year - to - date fica med tax 8.70 37.20 334.80 fica ss tax 37.20 334.80 fed tax 90.00 810.00 nc st tax 34.50 310.50 health $76.56 $686.22 dental $23.83 $74.07 retirement* $60.00 $540.00 ytd gross deductions ytd net pay current total deductions net pay 5,400.00 2,868.89 2,531.11 600.00 315.21 284.79 *excluded from federal taxable wage those lines represent taxes that hope paid to the federal government those lines represent insurance and retirement plans that hope funds directly from her paycheck those lines represent taxes that hope paid to the state government those lines represent benefits the employer is paying to hope in addition to her wages

look at the lines that say health, dental and retirement. which statement below is accurate? company name some corporation 123 somewhere drive, durham, nc 12345 check no. earnings statement employee name hope marie kingley ssn xxx - xx - 6789 employee id 98765 pay - period 5/1/2020 - 5/2/2020 pay date 5/2/2020 income rate hour current total year - to - date gross wages 15.00 40 600.00 7840.00 deductions current total year - to - date fica med tax 8.70 37.20 334.80 fica ss tax 37.20 334.80 fed tax 90.00 810.00 nc st tax 34.50 310.50 health $76.56 $686.22 dental $23.83 $74.07 retirement* $60.00 $540.00 ytd gross deductions ytd net pay current total deductions net pay 5,400.00 2,868.89 2,531.11 600.00 315.21 284.79 *excluded from federal taxable wage those lines represent taxes that hope paid to the federal government those lines represent insurance and retirement plans that hope funds directly from her paycheck those lines represent taxes that hope paid to the state government those lines represent benefits the employer is paying to hope in addition to her wages

Answer

Brief Explanations:

The lines "HEALTH, DENTAL and RETIREMENT" on the earnings - statement are deductions from Hope's paycheck to fund insurance and retirement plans. They are not federal or state taxes, and they are not benefits paid by the employer in addition to her wages.

Answer:

Those lines represent insurance and retirement plans that Hope funds directly from her paycheck.