What is the document that summarizes how your total earnings during a pay period were distributed?
Pay Stub
What is the process of the government taking money from your paycheck?
Taxation (Taxes)
What does YTD stand for?
Year to Date
Name one of the two other main taxes that are withheld besides the federal tax?
1. State
2. Social Security
What is the app, known for short-form videos and trends, has dances, memes, and “For You” pages.
TikTok
1. See how much tax and deductions were taken out of the paycheck
2. Make sure your employer is paying you the correct amount.
What is it called when an employee is paid a certain amount for the whole year instead of an hourly rate?
Salary
What is net pay?
The amount of money left when all deductions have been taken from the gross pay.
What day is Tax Day every year?
April 15th
What is the fast-food chain thatvis famous for its Frosty dessert and square-shaped burgers.
Wendy's
What is the Pay Date?
The day on which an employee receives their funds either by check or through direct deposit.
What is the amount of money received from hours worked multiplied by the hourly pay rate.
Gross Pay
What are deductions?
Money that is taken out of someone's paycheck for taxes and other benefits prior to the individual receiving their money
What two things does FICA Fund?
Social Security and Medicare
In the Harry Potter film series, what is the school where young wizards learn magic?
Hogwarts
What are the three main sections on a Pay Stub?
Earnings, Deductions, Net Pay
What is it called when you receive money based on the number of hours worked?
Hourly Wage
What is the pay period?
The amount of time over which a pay stub is calculated
What percentage of your paycheck goes towards FICA? (Round Up to a whole percentage)
8%
Which NFL team has in the most Super Bowls?
Patriots
What is the pay rate for overtime work?
1.5x
Money that is put into a health savings account to be used for medical expenses?
HSA / FSA
What does SALT stand for?
State and Local Taxes
What does FICA stand for?
Federal Insurance Contributions Act
What is the only number that is even and also a prime number.
2