On the Job paperwork, paystub and deductions study guide

A withholding from your pay such as taxes, health insurance premium, 401K.

• DEDUCTION

• BONUS

• ALLOWANCE

• REIMBURSEMENT

Healthcare for those who are over 65 yrs old.

• MEDICARE

• MEDICAID

• TRICARE

• CHIP

Form you complete that proves your employment eligibility.

• I-9

• W-4

• 1040

• SS-5

Your pay BEFORE deductions.

• GROSS PAY

• NET PAY

• TAXABLE INCOME

• DISPOSABLE INCOME

Money for those who are retired. It comes from a federal trust fund.

• SOCIAL SECURITY

• MEDICARE

• UNEMPLOYMENT BENEFITS

• FOOD STAMPS

Form you complete that lets employer know how much federal tax to withhold from your pay.

• W-4

• W-2

• 1099

• I-9

Your hourly rate at time and a half. When you work beyond 40 hours a week you get this.

• OVERTIME

• BONUS

• COMMISSION

• SALARY

Document you receive in January showing how much money you earned and how much taxes were withheld from previous year.

• W-2

• 1099

• 1040

• W-4

Retirement fund for people who work at a for-profit organization.

• 401K

• 403B

• 457 Plan

• IRA

Time for a particular paycheck that you worked or earned wages.

• PAY PERIOD

• PAY RATE

• PAY SLIP

• PAY DATE