Browse benefits, reimbursements and voluntary deductions.
LN may identify a loan balance or a deduction to repay a loan. A general employer loan and a retirement-plan loan have different rules and documentation.
Employer-specific label: this is a possible interpretation. Confirm the full meaning in the codebook for the employer that issued your statement.
How to read this entry
Use the possible interpretation Loan repayment alongside the column heading. An earnings amount, an employee deduction and an employer-cost memo can have different effects even when their labels look similar.
Example on a pay statement
An opening balance of $500 reduced by a $50 principal repayment leaves $450, before any additional advance or interest.
Examples illustrate the checking method. They are not a personal tax calculation or a promise of a particular benefit.
What to check with payroll
Ask which loan the code represents and how much of the payment is principal, interest or a fee.
Compare related entries
Read the benefits, reimbursements and voluntary deductions guide to compare the entries in this part of your statement. Use the full pay stub code directory when a second abbreviation is unfamiliar.
Reference and scope
Official guidance on benefits, reimbursements and voluntary deductions provides background on the underlying rules. It does not validate an individual employer’s internal abbreviation.