Financial Literacy

Are not-for-profit financial institutions run to benefit a specific group of people.

• Banks

• FICA

• Credit Unions

• HOA

Measures the changes over time of the cost and goods/services within the different states of America.

• Consumer Price Index (CPI)

• Cost of Living

• Standard of Living

• NA

This tax provides medical insurance to U.S. citizens 65 or older and some others with certain disabilities.

• FICA

• Medicaid

• Medicare

Income tax that provides the state government with its main source of revenue

• Federal income tax

• State income tax

• Unemployment tax

• Property Tax

This reflects how likely individuals are to pay their debts.

• W4

• 1099

• Credit Score

• FICA

Document which tells and employer how much pay to withhold for tax purposes in the future

• W1

• W2

• W4

• 1099

This document shows the amount of money reported to the federal and state governments by you on your tax forms. Includes salaries and wages.

• W3

• W2

• W4

• 1099

Set up to make money easily assessable through checks or debit cards.

• Savings accounts

• Credit Cards

• Checking accounts

• Checks

Is the term used for individuals who prefer to live a specific way of life in each state.

• FICA

• Cost of living

• CPI

• Standard of living

Person who is working for a company, however; doesn't take any benefits from the business

• Dependent contractor

• Independent contractor

• Employer