Parts of a Paystub
General Vocab
Taxes, Withholdings, Deductions
Challenge!
Random
100
The business or company you work for.
Employer
100
Total amount of money you earn before taxes and deductions
Gross Pay
100
Money paid to federal government.
Federal Income Tax
100
How much more do you get paid for working overtime?
Time & half
100

What is the OHHS mascot?

The Ottawa Hills Bengals
200
The date that you get paid.
Pay Date
200
Total amount of money you take home after taxes and deductions.
Net Pay
200
Money paid to local state.
State Income Tax
200
When you work for someone else, you are called an______________.
Employee
200

When is Spring Break?

First full week of April (4/4-4/13)

300
The abbreviation for the amount of money you have earned so far that year
YTD
300
Pay check is electronically submitted into your bank account from your employer.
Direct Deposit
300
Are federal income tax & state income tax mandatory or voluntary?
Mandatory
300
What is the difference between a paycheck and a paystub?
Paycheck=money to put in bank account. Paystub=information on the breakdown of earnings/taxes/deductions.
300

What two teams are going to the super bowl this year?

The Kansas City Chiefs and the Philadelphia Eagles

400
Any hours worked more than 40 hours/week.
Overtime
400
The formal term for your paystub.
Earnings Statement
400
Name another mandatory withholding besides taxes.
Medicare, Social Security
400
True/False: State income taxes are withheld in all 50 states.
False. Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming do not have state income tax.
400

What is the last day for seniors this school year?

May 21

500
The specific week(s) covered on that paystub.
Pay period
500
What does SSN stand for?
Social Security Number
500
Name a voluntary deduction that can be taken out of your paycheck?
(health, savings, meals, parking, etc...)
500
True/False:Funds for 401(k) retirement savings plans are taken from pre-tax wages
True
500

What was Miss Howard's job throughout college?

Bank teller at Old National Bank