Net Pay

• This is how much of your earnings are yours to take home, after taxes and other with-holdings have been removed

Taxes

• The amount of federal taxes withheld from your paycheck will vary depending on how many exemptions you claimed when you filed your W-4 tax form

• State taxes will usually be listed very close to federal tax. 

Other With-holdings 

• Social Security is a federally mandated payment to the U.S. Social Security Administration, which supports people in retirement. Employers also contribute to social security.

• Medicare (FICA) is a program that helps with medical payments and billing for people who are eligible for social security. 

Additional Pay Stub Information

• Year-to-date shows exactly how much you have earned and how much has gone to taxes or with-holdings for the current year, up to the date of the date of that pay stub 

• Look for additional items that may appear, such as insurance deductions, retirement plan, time off, and additional notices 

• Learn what some common abbreviations mean: 

  • • YTD: Year-to-Date

    • FT: Federal Tax

    • ST: State Tax

    • SS: Social Security

    • MWT: Medicare Tax Withheld