Two things that will always be withheld from your earnings are Federal Income Tax and Social Security.

If you don't understand something on your paycheck, it's okay to ask the payroll clerk about it.

Gross Pay is __________.

Net Pay is __________.

A deduction is an amount that is __________.

Disability Insurance supports employees who can't work because they are ______________.

Tara’s deductions add up to $112 a week. If her net pay is $425 a week, what is her gross pay?

A portion of one’s personal income paid to a government.

A tax used to fund the government's Medicare program, which provides subsidized healthcare and hospital insurance benefits to retirees and the disabled.

Which are considered mandatory deductions from a paycheck?

State tax monies might be used for:

How do the governments get my income tax monies?

The actual amount of money you "take home" is

A fixed annual amount of gross pay

Money given to an employee by customers in exchange for a service. (Ex: servers, delivery drivers)

The lowest hourly rate an employer may legally pay most workers.

How many hours must a person work in a week to be considered "full time?"

What is it called when a paycheck is electronically transferred directly into the recipient’s bank account?

What is the amount of time over which an employee is paid for one paycheck?

If you worked 40 hours per week at $10 per hour, what is your gross income for the week?

A formal request made by the insurance policyholder to the insurance company for payment or services covered by the insurance policy.

The amount you must pay on a claim before the insurance company will pay.

A payment made monthly, twice a year, or yearly, for an insurance policy.

Chance or possibility of injury, damage, or loss that someone may want an insurance policy to cover.

The amount of money an insurance policy holder must pay on a claim before the insurance company begins to pay. The higher this is, will usually result in a lower premium.

A set dollar amount you agree to pay each time you receive medical treatment, while the insurance company agrees to cover the rest

Joe feels like he is having a heart attack (chest pain, trouble breathing, and sweating). How much would his co-pay be?

. Joey is having an elective procedure at an outpatient facility on Friday. His insurance has a deductible of $750. He has already paid $200.00 toward his deductible this year. How much does Joey owe before his insurance will pay?

Sam isn't feeling well today. He decides to go to a walk-in clinic after work. How much will this cost?

Robbie broke his arm. How much would this cost him for a doctor's appointment?

John has not been feeling well for several days after his doctor’s visit on Sunday. He plans to go see his regular physician on Thursday. How much will it cost?

A patient is admitted to the hospital for outpatient surgery. The hospital bill total is $10,000. Their insurance plan pays 80%. How much will the patient have to pay “out of pocket”?

Insurance and patient share the cost of medical procedures based on a percentage

Sam's insurance has a 75/25 co-insurance for surgeries. How much is Sam responsibility for?

Joe just turned 65. What kind of insurance can he get now?