Paycheck Deductions

Paycheck Deductions

Article • 15 min of learning

Here's how Paycheck Deductions aligns with curriculum standards in Rhode Island. Use the filters to change the location, set of standards, and grade level.

Standards
Defined by Jump$tart National Standards in 2022 8th Grade and align with Paycheck Deductions
8-5a: Differentiate between gross and net income.
8-6a: Identify the different groups of people who qualify for Social Security benefits.
8-7a: Illustrate the relationship between income level and income tax paid.
8-8a: Explain the financial situation addressed by Medicaid and SNAP (Supplemental Nutrition Assistance Program).
8-5b: Identify common types of payroll deductions.
8-6b: Research the Social Security tax rate for someone who is self-employed vs. someone who is working for an employer.
8-7b: Describe how taxes are paid on tip income.
8-5c: Explain how taxes impact take-home pay.
8-6c: Given information on a worker's income and today's Social Security tax rates, calculate what the worker and the worker's employer will pay in Social Security taxes.
8-7c: Research the consequences of failing to pay income taxes.
8-6d: Investigate Social Security benefits for people of different income levels at their full retirement age.