9/3 Bellwork

The actual amount of money you "take home" is

• Gross Pay

• Never Enough

• Net Pay

• Payroll Income

Federal Government programs and services are supported through?

• Retirement Savings

• Payroll Deductions

• Federal Income Tax

• State Income Tax

_________ are part of an employee's compensation

• Insurance

• Retirement Savings

• Taxes

• Benefits

Your net income is the money/amount deposited in your bank account.

• TRUE

• FALSE

___________ Goes into a federal program that provides financial support for people who are retired.

• Benefits

• Insurance

• Social Security Tax

• All of The Above

A document showing an employee's wages & deductions is an?

• Earnings Statement

• Paycheck

• Payroll Deduction

• None of the above

I don't have to pay taxes because I'm not 18 years old yet.

• TRUE

• FALSE

State government services are paid for by

• Federal Income Tax

• State Income Tax

• Both Federal & State Income Tax

• Retirement Savings

I signed up for direct deposit, so I won't get a physical check with my pay stub

• TRUE

• FALSE

Most employers offer to pay a portion of a premium for this benefit option?

• Retirement Savings

• State Income Tax

• Insurance

• All of the Above