WorksheetsUnderstanding Your Pay Stub
Total questions: 25
Worksheet time: 50mins
What's a check stub?
What you give to the bank to deposit.
The part of a paycheck that lists deductions from your salary
It's an envelope.
What's gross pay?
The total amount of an employee's earnings BEFORE deductions are taken out.
It's when you feel gross because of your paycheck
It;s the total amount of an employee's earnings AFTER all deductions.
What's net pay?
The amount of a paycheck AFTER all deductions are taken out.
The amount of a paycheck BEFORE all deductions are taken out.
The net worth of an individual
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
Employees have deductions taken out of their paychecks. Identify which are considered "elective" - not required by the government.
Life Insurance
Social Security
Dental Insurance
401 (K) or 403 (B)
What is a pay period?
time worked beyond an employee’s regular hours
the number of days an employee works and is paid for each paycheck
the day a person is paid
a fixed amount of money an employee is paid to do a job
A pay stub...
explains how much money was earned and the types of deductions and amounts withheld from a worker’s paycheck.
is time worked beyond an employee’s regular hours.
the amount of money remaining after taxes have been deducted that a person can spend as he/she wishes.
is the amount of money you earn after deductions are subtracted.
Which of the following will not be found on an employee's paystub?
A detailed list of deductions
The number of vacation or sick days
The gross and net pay amounts
Their password
What's a deduction?
It's the extra money you receive on your paycheck for working overtime.
The amount of money taken from an employee's gross pay for taxes, insurance, social security and other benefits.
When an employee loses his/her job because they are absent to much,
Form that lets employers how much federal tax to withhold from an employee’s paycheck
Alabama Form A-4
W-4
I-9
Job Application
Resume
_____________________ is an act that requires employers to keep records of how many hours employees work and the money they are paid.
Congressional Act
Fair Standards and Labor Act
Americans with Disabilities Act
Freedom of Information Act
What's a check stub?
What you give to the bank to deposit.
The part of a paycheck that lists deductions from your salary
It's an envelope.
Federal Income Tax Withheld
FIT
FITW
FIW
FED
State in which you earned money.
Washington D.C.
STATE
SIT
SITW
Social Security
SS
FICA
SOCSEC
OASDI
Medicare Tax
MT
MED
MEDIC
MIT
FSA / HSA stands for which of the following?
Future Students of America / Homeland Students of America
Free Shipping Abroad / Help Ship Abroad
Flexible Spending Account / Health Savings Account
Fixed Spending Account / Health Security Account
401(k) represents...
The number of employed teachers in America.
The longest race ever recorded in the Olympics.
The amount spent for IRS audits.
A retirement account.
Wage Garnish
WgGh
WARN
GARN
Decorative Flower
Child Support Payments
CSP
CPS
CHSPPRT
CPP
LV / LEVY
A Leveraging tool.
A brand of blue jeans.
Las Vegas
Tax Levies
