Your First Paycheck: Why It's Smaller Than You Think

Quiz (Student)

The 7.65% FICA rate runs through this set, testing what Social Security and Medicare actually fund and using a $600 gross paycheck to calculate the exact dollar amount FICA takes out.

Your First Paycheck: Why It's Smaller Than You Think cover

Did this save you a prep period? You can chip in toward my three kids' daycare fund. Everything on this site stays free either way.

Quick start

  1. Download the file with the button above.
  2. Open it in Word, Google Docs, or whatever your school gives you.
  3. Print it or assign it. There is nothing to unzip and no account to make.
Fact-checked and print-tested before it went on the shelf. How we verify →

The rest of this toolkit

Back to Your First Paycheck: Why It's Smaller Than You Think →

Tip jar