Paycheck Vocabulary

money that is subtracted from your gross pay for things like taxes, social security, and insurance

• regular pay
• deductions
• overtime pay

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

money that is subtracted from your paycheck and given to the federal government to help run the country

• Local Tax
• State Tax
• Federal Tax

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

money that is subtracted from your paycheck and given to your state's government to help run the state

• Local Tax
• State Tax
• Federal Tax

Tags

CCSS.L.11-12.6

CCSS.L.9-10.6

CCSS.W.11-12.2D

CCSS.W.8.2D

CCSS.W.9-10.2D

the total amount of money you earn before any deductions are taken out of your paycheck

• Gross pay
• Net pay
• Total pay

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

the amount of money you are paid after all the deductions are subtracted

• Gross pay
• Net pay
• Overtime pay

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

money that is subtracted from your paycheck to pay for your medical coverage

• social security
• insurance
• retirement

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

the amount of money you earn for working more than 40 hours each week

• overtime pay
• extra pay
• hourly pay

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

the part of a paycheck that provides information about the pay period, including the number of hours worked and the deductions taken out of the paycheck

• pay receipt
• pay stub
• pay agreement

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

the amount of money you earn for working 40 hours each week

• regular pay
• overtime pay
• normal pay

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

money that is subtracted from your paycheck to be saved and paid back to you when you retire; this is sometimes written as FICA on your paycheck

• overtime pay
• insurance
• social security

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4