Paychecks

What is medicare?

• Health benefits for the working
• Health benefits for retirement
• Health benefits for babies
• Disability Insurance

Tags

CCSS.6.RP.A.3B

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

• Philanthropist
• Entrepreneur
• Bachelor
• Employee

Are deductions added or subtracted from income ?

• Subtracted
• Added

Tags

CCSS.5.NBT.B.7

The federal government uses tax money for:

• Environmental Protection Agency
• Defense and Security
• Paying Interest on the National Debt
• All of the above

Tags

CCSS.6.RP.A.3B

Which of the following is NOT an example of a pay period?

• Weekly
• Monthly
• Yearly
• Biweekly

Which of the following describes money given to you from the federal government upon retirement?

• Social Security
• Medicare
• A pension plan
• Tax Refund

What is gross income?

• Take home pay
• Total amount of wages after deductions
• Total amount of wages before payroll deductions
• Amount the employer keeps

__________________ deductions are automatically withdrawn from your paycheck

• Optional
• Suggested
• Standard
• Federal

Which of the following is not a standard tax deduction from your paycheck?

• federal income tax
• Savings for retirement
• state income tax
• Social Security

Tags

CCSS.7.RP.A.3

What is net income?

• Amount of money earned after deductions
• Cost of lifetime allowance
• Amount of money earned before deductions
• Keeping your money in a net