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supplemental unemployment benefits

supplemental unemployment benefits definition - business

supplemental unemployment benefits

Employer-financed payments to a terminated employee. The payments are considered taxable wages and are subject to withholding, but not to Social Security or Medicare taxes.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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