26 TermsHome > Terms > English, UK (UE) > Supplemental unemployment benefits (SUB)
Supplemental unemployment benefits (SUB)
Payments provided to terminated employees from an employer-financed fund beyond regular unemployment compensation. SUBs are taxable as wages and subject to income-tax withholding but aren't subject to Social Security, Medicare or federal unemployment taxes.
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- Part of Speech: noun
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- Industry/Domain: Accounting
- Category: Payroll
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