Relier Pairs PaycheckVersion en ligne Paycheck terms par Laura Long 1 Federal Income Tax 2 Payroll Deductions 3 Social Security Tax 4 Earnings Statement/Paystub 5 State Income Tax 6 Net Pay 7 Retirement Savings 8 Insurance 9 Gross Pay 10 Benefits An agreement to protect a person or business from specific risks in exchange for regular payments. Services or privileges that an employer provides in addition to the employee's salary or wages. A pay deduction required by law that supports the federal government. Money employees set aside or invest for future income. The amount of income you "take home" after pay deductions. A federal tax that supports elderly, disables, or orphaned citizens. A document that shows wages and payroll deductions for a pay period. The amount of money you have earned during a pay period before any deductions. Money withheld from an employee's gross pay. A pay deduction required by law that supports the state government.