| A | B |
|---|
| Deductions | Amounts withheld on a paycheck for taxes or other purposes |
| Exemptions | The standard deductions from gross income for a taxpayer's dependents |
| Gross pay | The total pay earned for a pay period |
| Earnings statement | A record of earnings and deductions usally attached to a paycheck |
| FICA | The Federal Insurance Contributions Act, more commonly know as social security |
| Net Pay | Take home pay |
| Persoanl deductions | Savings health insurance contributions |
| FICA money is used for | Retirement and disability insurance |
