Paycheck Basics Guides

Plain-English explainers on paychecks, taxes, saving, debt and retirement in the U.S. — 57 guides and growing every day.

All Career & Income (1) Credit (2) Everyday Money (1) Loans & Debt (3) Mortgages & Housing (5) Paycheck (3) Paycheck Basics (4) Paycheck Guides (16) Retirement (3) Saving & Budgeting (3) Saving & Investing (5) State Taxes (2) Tax Forms (1) Taxes (8)

How Much Tax Is Taken Out of My Paycheck?

A plain-English breakdown of every tax and deduction taken out of a U.S. paycheck.

Paycheck Basics

What Is FICA Tax? Social Security and Medicare Explained

FICA is on every American pay stub. Here's what it funds, how the 7.65% is calculated, and how it works differently for the self-employed.

Paycheck Basics

Biweekly vs. Semi-Monthly Pay: What Is the Difference?

Biweekly and semi-monthly pay schedules sound the same but produce different paycheck amounts and a different number of paydays per year.

Paycheck Basics

How to Read Your Pay Stub Line by Line (2026 Guide)

A complete line-by-line breakdown of a US pay stub — gross pay, deductions, YTD totals, and net pay explained simply for 2026.

Paycheck Basics