Deductions from Gross Pay Sample Clauses

Deductions from Gross Pay. The following four deductions are required by law to be deducted from an employee’s paycheck: 1. Federal Income Tax (FIT) 2. Social Security (FICA) 3. State Income Tax (SIT) 4. State Disability Insurance (SDI) Voluntary deductions may be made from an employee’s paycheck with the employee’s written permission, where the employee is eligible. Such voluntary deductions include: 1. Health Insurance Premiums 2. Additional Life Insurance Coverage 3. Tax Deferred Savings Plan (403b) 4. Flexible Spending Accounts (Section 125 Benefit or a Tax Deferred Plan) Employees should consult the benefits section (sections 4.1 to 4.3) for further details on available plans.