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What does TWB stand for?

TWB stands for Taxable Wage Base (Social Security)

This definition appears somewhat frequently and is found in the following Acronym Finder categories:

  • Military and Government
  • Business, finance, etc.

See other definitions of TWB

Other Resources:
We have 46 other meanings of TWB in our Acronym Attic

Samples in periodicals archive:

The state-by-state overview included in this article indicates that enactments at the state level include provisions on extended benefits, the duration of benefits, tax schedules and taxable wage bases.
Options to improve state UI trust fund financial conditions include raising and indexing the taxable wage base under the Federal Unemployment Tax Act (FUTA), which could induce many states to raise and index their own bases, and reducing the number of both employers paying very low rates and those that pay less in UI taxes than benefits paid to their former workers.
The annual dollar deposit equals a percentage of employees' pay above the Social Security maximum taxable wage base for that year, and a higher percentage above that wage base.
Because nonqualified deferred compensation is typically paid to higher-paid employees, and because the inclusion of these amounts in the employee's wages subject to FICA tax frequently occurs while the employee is actively employed and typically earning wages in excess of the FICA taxable wage base, the rules of section 3121(v) had essentially no effect.