Paystub Basics
A document showing your earnings and deductions
What is a paystub?
Pay before deductions
What is gross pay?
Tax that supports retirees.
What is Social Security?
Weekly = this many paychecks per year
What is 52?
Kymani earns a gross salary of $500 per week. His deductions total 20%. What is his net pay?
What is $400?
YTD stands for this
What is year to date?
Pay after deductions
What is net pay?
Tax that supports health care.
What is Medicare?
Monthly = how many paychecks per year
What is 12?
What is $44,400?
Total pay before deductions.
What is gross pay?
Cicily's gross pay is $1,000. Her deductions total $200. What is her net pay?
What is $800?
Required deduction type.
What is taxes?
Paid every day you work. What is this called?
What is Per diem?
Jacqueline earns $2,000 gross per paycheck (biweekly). Deductions: $200 federal tax, $150 state tax, and 10% for insurance. What is her net pay?
What is $1,450?
Money you actually take home
What is net pay?
Frank's net pay was $650. He had deductions totalling $150. What is his gross pay?
What is $800?
Optional deduction type.
What is a 401k? What is insurance?
Paid twice a month. Number of paychecks per year.
What is 24?
Noah works 40 hours at $18/ hour and 10 overtime hours at time-and-a-half. His deductions total 22% of his gross pay. What is his net pay?
What is $772.20?
Deduction that is optional. (Give example)
What is insurance? What is retirement?
The reason net pay is smaller.
What is deductions?
Largest required payroll deduction in the U.S.
What is Federal Income Tax?
Annual salary = $48,000, paid monthly. How much per paycheck?
What is $4,000?
Jaiden's annual salary is $48,000, paid monthly. Each month, deductions are $450 federal tax, $200 state tax, and 8% retirement. What is his net monthly pay?
What is $3,030?