Pay Stubs/Paychecks
Paychecks / Pay stubs Terms
Paychecks / Pay Stubs Definitions
Taxes
Random
100

What is the document that summarizes how your total earnings during a pay period were distributed?

Pay Stub

100

What is the process of the government taking money from your paycheck?

Taxation (Taxes)

100

What does YTD stand for?

Year to Date

100

Name one of the two other main taxes that are withheld besides the federal tax?

1. State

2. Social Security

100

What is the app, known for short-form videos and trends, has dances, memes, and “For You” pages.

TikTok

200
What are one of the main reasons why a Pay Stub is important?

1. See how much tax and deductions were taken out of the paycheck

2. Make sure your employer is paying you the correct amount.

200

What is it called when an employee is paid a certain amount for the whole year instead of an hourly rate?

Salary

200

What is net pay?

The amount of money left when all deductions have been taken from the gross pay.

200

What day is Tax Day every year?

April 15th

200

What is the fast-food chain thatvis famous for its Frosty dessert and square-shaped burgers.

Wendy's

300

What is the Pay Date?

The day on which an employee receives their funds either by check or through direct deposit.

300

What is the amount of money received from hours worked multiplied by the hourly pay rate.

Gross Pay

300

What are deductions?

Money that is taken out of someone's paycheck for taxes and other benefits prior to the individual receiving their money

300

What two things does FICA Fund?

Social Security and Medicare

300

In the Harry Potter film series, what is the school where young wizards learn magic?

Hogwarts

400

What are the three main sections on a Pay Stub?

Earnings, Deductions, Net Pay

400

What is it called when you receive money based on the number of hours worked?

Hourly Wage

400

What is the pay period?

The amount of time over which a pay stub is calculated

400

What percentage of your paycheck goes towards FICA? (Round Up to a whole percentage)

8%

400

Which NFL team has in the most Super Bowls?

Patriots

500

What is the pay rate for overtime work?

1.5x

500

Money that is put into a health savings account to be used for medical expenses?

HSA / FSA

500

What does SALT stand for?

State and Local Taxes

500

What does FICA stand for?

Federal Insurance Contributions Act

500

What is the only number that is even and also a prime number.

2

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