This study explores 1) the components of rapid automatized naming (RAN) by first analyzing the factorial associations between RAN tasks and various nonword decoding and processing speed measures and secondly, by exploring which of these process latent variables are uniquely associated with literacy in 65 below-average readers and spellers. In preliminary factor analyses, all speeded naming tasks loaded together (Factor 1: Rapid Naming); All tasks involving speeded alphanumeric naming loaded together (Factor 2: Alphanumeric Naming); Alphanumeric RAN tasks also loaded with nonsense word decoding (Factor 3: Decoding). The Alphanumeric Naming factor predicted 2% of unique variance in Literacy. Our results thus provide two new findings: 1) only very modest variation in Literacy is explained by aspects of RAN not primarily associated with either generic naming speed or decoding ability; 2) variation in other verbal forced choice response speed and response inhibition tasks are linked to reading through common variance in speeded naming tasks also shared by alphanumeric RAN tasks. Implications of these findings for theories of reading and individual differences are explored.