Reading a Paystub

DIRECTIONS: Write the letter of the item on the paystub that matches its name in the list. Then, write your
OWN definition of each part of the paystub, using COMPLETE SENTENCES in your OWN words.








1. __B__ Gross Pay:
2. ___C__ Net Pay:
3. __D___ Deductions:
4. ___A__ Pay Period:
5. ___G__ FICA:
6. __J___ Year-to-Date:
7. __E___ Federal Withholding Tax:
8. ___H__ Medical:
9. __F___ State Withholding Tax:
10. __I___ Retirement:


1. Before Deductions, this is the amount of money earned during a pay period.
2. This is the amount of money withheld from your gross pay after all deductions.
3. This subtracts money from your gross pay earned for all benefits you have
4. This time period is when employee wages are calculated
5. I dont know
6. This is the total of all deductions taken over the whole pay period.
7. This is the amount required by law to be withheld from your wages earned to pay for taxes
8. This amount of money taken from your paycheck is to help pay for your medical benefits.
9. The percentage of money deducted from your paycheck to help fund government agencies within
the state.
10. A 401 k plan is in place for your retirement, it is to help you so that when you retire you will have
money to live off of for awhile.