Paycheck Information

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

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

• TRUE

• FALSE

Tags

CCSS.6.NS.C.7C

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

• Benefits

• Insurance

• Social Security Tax

• All of The Above

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

CCSS.RI.8.3

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

Employees have deductions taken out of their paychecks. Identify which are considered required by the government.

• State Income Tax

• Federal Income Tax

• Dental Insurance

• Social Security

What is your GROSS pay if you make $10 per hour & worked 20 hours this week?

• $100

• $200

• Unable to calculate based on information provided.

Tags

CCSS.7.EE.B.3

If your GROSS paycheck is $500. What would the amount deposited in your bank account be if you had the following deductions? $150 Taxes, $25 Social Security, $5 for dental insurance and $50 for insurance.

• $350

• $325

• $250

• None of the above.

Tags

CCSS.4.OA.A.3