
Paycheck Vocabulary
Flashcard
•
Mathematics
•
9th - 12th Grade
•
Practice Problem
•
Hard
+7
Standards-aligned
Wayground Content
FREE Resource
Student preview

15 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is the term for money that is subtracted from your paycheck and given to the federal government?
Back
Federal Tax
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
2.
FLASHCARD QUESTION
Front
What do we call the total amount of money you earn before any deductions are taken out of your paycheck?
Back
Gross pay
Tags
CCSS.7.EE.B.3
3.
FLASHCARD QUESTION
Front
What is the term for money that is subtracted from your paycheck to pay for your medical coverage?
Back
Insurance
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
4.
FLASHCARD QUESTION
Front
What is the name of the money that is subtracted from your paycheck to be saved and paid back to you when you retire, often written as FICA?
Back
Social Security
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
5.
FLASHCARD QUESTION
Front
What do we call the amount of money you earn for working 40 hours each week?
Back
Regular pay
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
6.
FLASHCARD QUESTION
Front
What is the term for the money you receive after all deductions have been made from your paycheck?
Back
Net pay
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
7.
FLASHCARD QUESTION
Front
What is the name of the tax that is used to fund state government services?
Back
State Tax
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