Money / Money Management / Personal Financial Planning

Front

The total amount of money earned before payroll withholdings

Back

gross pay

Front

Also known as take home pay, this is the amount left after all payroll deductions have been taken from the gross income

Back

net pay

Front

–Nation’s retirement program, helps provide retirement income for elderly and pays disability benefits

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Social Security

Front

The total amount of money earned during the pay period before deductions.

Back

Gross Pay

Front

The employee knows exactly which day his/her paycheck will be deposited into their depository institution account. Options: Paycheck with attached paycheck stub, Direct Deposit, Payroll Card

Back

Direct Deposit

Front

The amount of money left after all deductions have been taken from the gross pay earned in a pay period.

Back

Net Pay

Front

The total amount of earnings before any deductions are taken out

Back

Gross Pay

Front

The amount of salary received after taxes and deductions

Back

Net Pay

Front

The amount of your paycheck after deductions.

Back

Net Pay

Front

Which is NOT a deduction taken out of paychecks? Federal/State Taxes, Health Insurance, FICA, Net Pay

Back

Net Pay