What is YTD?

My check from work has all these abbreviations I can't understand. There's YTD, EI, CPP, and other things. Also, there is tax and amounts that are withheld. What does that mean?

What is YTD?
YTD = Year to Date


EI = Earned Income





Your employer is required by law to withhold an estimate of the taxes you will own to your local, state and federal government. These are deposited by your company with the appropriate tax board.





CPP = Canadian Pension Plan





The CPP plan is basically equivalent to the U.S. Social Security program. People residing in Quebec receive the QPP, not the CPP.





I you are from Canada, try this site:


http://www.paycheckcity.com/coeatonca/CA...





Thanks for the question. I'm American and have just learned something about CPP. Cool.
Reply:Year to date
Reply:Year to Date
Reply:YTD- Year to Date (what you've earned so far this year





EI Employment Insurance Deductions depending on your province, you will be able to collect unemployment if you're laid off


http://www.hrsdc.gc.ca/asp/gateway.asp?h...





CPP Canada Pension Plan


http://www.sdc.gc.ca/en/isp/cpp/cpptoc.s...








If you're looking to lower your taxes start contributing to an RRSP


(Registered Retirement savings plan) or making tax deductible charitable donations.





Taxes make sure you file an income tax return next year and you will probably get some back. Maybe even get a GST rebate 4 times per year If you are a student you will be able to deduct your post secondary tuition.


http://www.cra-arc.gc.ca/tax/individuals...
Reply:YTD=Year to Date


EI=Earned Income (maybe?)
Reply:year to date
Reply:YTD = Year to Date
Reply:YTD is year to date, i don't know what the other one were
Reply:Year to date and it accumulate the amount of gross profit on your check so it makes it easier when you get your w2 for next year.
Reply:Ask your HR or personnel department or a co-worker





YTD = Year to Date = accumulated total to date


EI = ?


CPP = ?


Fed tax withheld = period and YTD federal tax withholding


State tax withheld = period and YTD state tax withholding


FICA = Social Security withheld - period and YTD


Med or Medicare = Medicare tax withheld - period and YTD
Reply:year to date
Reply:year to date
Reply:Sometimes an acronym for "year to date".
Reply:Talk to your HR (Human Resources) director. They should be ble to explain it all.