Paychecks

Front

What is medicare?

Back

Health benefits for retirement

Front

A person who owns, operates and assumes the risk for a business is:

Back

Entrepreneur

Front

Are deductions added or subtracted from income ?

Back

Subtracted

Front

The federal government uses tax money for: Environmental Protection Agency, Defense and Security, Paying Interest on the National Debt

Back

All of the above

Front

Which of the following is NOT an example of a pay period?
Options: Weekly, Monthly, Yearly, Biweekly

Back

Yearly

Front

Which of the following describes money given to you from the federal government upon retirement? Options: Social Security, Medicare, A pension plan, Tax Refund

Back

Social Security

Front

What is gross income?

Back

Total amount of wages before payroll deductions

Front

__________________ deductions are automatically withdrawn from your paycheck

Back

Standard

Front

Which of the following is not a standard tax deduction from your paycheck?
federal income tax, state income tax, Social Security

Back

Savings for retirement

Front

What is net income?

Back

Amount of money earned after deductions