How Do You Read A Pay Check Stub?
Some people mistakenly fail to review their pay stub after receiving their check from an employer. If you begin to learn how to read the different deductions from your check stub, you can better budget your money and know what to expect your net amount to be each time you get paid. Although your employer will decide what exactly is printed on your pay stub, most businesses will include the same basic elements. Familiarize yourself with any abbreviations that may appear when you read a pay stub. Popular abbreviations include YTD (year to date), FT or ST (federal tax or state tax), Med (Medicare) and SS (social security). Start by reading the payment amounts. The gross pay will be the total amount that you earned during that particular pay period. The net pay is the actual amount that you take home with you. Move on to the tax figures listed on your pay stub. The federal tax amount is the payment that you made to the federal government while the state tax figure is the money that you mus
