Reading a Pay Stub

The amount of money that an employee is paid for each hour of work.

• Rate

• Gross Earnings

• Net Earnings

• Withheld Amounts

A payment made by an employer to an employee for work performed, usually on a weekly or bi-weekly basis

• Employee

• Federal Tax

• Paycheck

• Overtime

The total amount of money earned by an employee before taxes or deductions have been taken out.

• Rate

• Gross Earnings

• Net Earnings

• Medicare

The amount of money that an employee takes home after taxes and other deductions have been taken out of their gross earnings.

• State Tax

• Paycheck

• Net Earnings

• Withheld Amounts

Pay that is earned by an employee for working more than the standard number of hours in a day or week.

• Medicare

• Gross Earnings

• Overtime

• State Tax

A tax imposed by the federal government on the income of individuals and businesses.

• Federal Tax

• Net Earnings

• State Tax

• Paycheck

A tax imposed by the government of a particular state on the income of individuals and businesses.

• Federal Tax

• State Tax

• Net Earnings

• Paycheck

A payroll tax imposed by the federal government that is used to fund Social Security and Medicare programs.

• FICA

• Gross Earnings

• Net Earnings

• State Tax

A federal health insurance program for people who are 65 or older, as well as for some younger people with disabilities.

• Medicare

• Net Earnings

• Paycheck

• overtime

Any deductions or amounts that are taken out of an employee's gross earnings, such as taxes or insurance premiums.

• Federal Tax

• State Tax

• Medicare

• Withheld Amounts