1. Section 2: Understanding what you make

2.  Explain my current (or future) paycheck

3.  Exemptions: a reason to NOT have taxes taken out of your pay Can impact how much you owe or get back at tax time

4.  Your paycheck is full of deductions (including elective payroll deductions): money taken out for other purposes (taxes, insurance, etc) SS is often deducted here too

5. Total salary - Taxes Disposable income *Could be different from net pay depending on any elective deductions you choose to include in your paycheck

6.  Explain my current (or future) paycheck I can prove this by completing Activities 3.7 and 3.8