Gross Pay
True or False: Gross Pay shows the amount you take home.
What is False?
This is the amount of money you receive after all deductions.
What is Net Pay?
These are subtracted from Gross Pay to calculate Net Pay.
What are deductions?
What does SSDI stand for?
Social Security Disability Insurance
This is the total amount of money earned before deductions.
What is Gross Pay?
If your Gross Pay is $1,000 and deductions are $200, what is your Net Pay?
What is $800?
Name a common mandatory deduction taken from paychecks.
What are Taxes?
What does SSI stand for?
Social Security Insurance?
If you work 35 hours at $17 per hour, what is your gross pay?
$595
True or False: Net Pay is always higher than Gross Pay.
What is False?
Social Security, Taxes and benefits like health insurance
What do they take out of your paycheck?
Can you work while getting SSDI or SSI?
Yes, with certain limits.
This document typically shows Gross Pay at the beginning of the pay period.
What is a Pay Stub?
This pay is often referred to as "take-home pay."
What is Net Pay?
Income after taxes
What is net income?
What is the main difference between SSDI and SSI?
SSDI is based on work history; SSI is need-based.