Getting Paid

A fee that a salesperson receives upon completion of a sale

• Employee benefits

• Commission

• Payroll card

A person who relies on the taxpayer for financial support

• Dependent

• Independent

• Employer

• Employee

Wages are deposited directly into a depository institution account

• Payroll card

• Paper paycheck

• Direct deposit

• Certificate of Deposit

Employers may offer employee benefits in the form of products or services that add extra value for employees beyond earned wages

• Commissions

• Bonus

• Employee benefits

• Employer benefits

The amount the employer has contributed to various employee benefits

• one half

• one fourth

• Employee benefits

• Employer contributions

Agreement between an employer and employee

• Contract

• Employment

• Pay period

• Net income

The form that determines the percentage of an employee’s pay that will be withheld for federal taxes

• Form w-2

• Form w-4

• wage form

• wage report

Amount of money earned before payroll taxes

• Gross income

• Net income

• Paycheck

Taxes paid to federal, state and local governments on the amount of money earned

• Payroll tax

• Income tax

• Excise tax

• Property tax

A federal program whose main purpose is to help pay for health care for those over 65

• Medicaid

• Medicare

• Social Security

• Worker's Compensation