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1 Reviewthese tems before completingthisactivity. . Payperiod Setlengthof time (typicallyweekly, bi-weekly, ar northly) overwhichemployeetineis recordedandpad . Gross pay. Theamount peoplecamper pay periodbeforeany deductionsor taxes are

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1 Reviewthese tems before completingthisactivity. . Payperiod Setlengthof time (typicallyweekly, bi-weekly, ar northly) overwhichemployeetineis recordedandpad . Gross pay. Theamount peoplecamper pay periodbeforeany deductionsor taxes are takenout . Net pay. Chosspayminusdeductions andtaxes . Pagadl deduction Theamountssubtractedfromgrosspay, whichresultinyournet pay . Pension Asumofhoney paidregularlyasaretirement benefit . 401(19): Aretirement savings plantowhichcontributionsaremadebytheemployeeandemployer and areinvested, it istax-deferred .FICededmaduraContribuAid),syl taxusedtofundSocial SecurityandMedicare 2 Reference theinfomationfoundonthesample pay stub andanswer thefdlovingquestions A Wet is theemployee'sgross pay? B Howmuchlocal taxisdeductedfromthepaycheck? Howmuchstatetaxisdeductedfromthe payched?? DHowmuchfederal taxisdeductedfromthe payched? Howmuchdidtheemployeecontributeto FICA? F Howmuchdidtheemployeecontributeto Medicare? GHowmuchdidtheemployeepay for theother deductions? H Wet wasthepurposeof theother deductions

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