Column A
The lowest pay rate allowed by law for each hour of work.
What is minimum wage?
Money received from sources other than working in a job.
What is unearned income?
This tax helps pay for state troopers, DMV workers, and Governor Murphy’s salary.
What is a state tax?
Pays money to a “beneficiary” (person designated to receive money) when the insured person dies.
What is life insurance?
The amount of salary or wages a worker receives after deductions are made from their paycheck.
What is net income?
The present Medicare Tax Rate.
What is 1.45%?
Money, often a percentage of the total bill, or gift given to a personal for performing a service
What is a tip?
Money received from working at a job.
What is earned income?
This tax helps pay for schools, police, and fire departments.
What is a city/property tax?
Deduction from your paycheck that helps your employer cover the cost of your doctor and hospital bills
What is health insurance?
State insurance program that pays you a paycheck for an extended period of time if you are fired or laid off from work.
What is state unemployment insurance (SUI)?
It is used by an employer to verify an employee’s identity and to establish that the worker is eligible to accept employment in the United States.
What is an I-9 form?
A set fee or percentage of a sale paid to a salesperson instead of or in addition to salary or wages.
What is a commission?
A tax withheld from your pay to provide a “paycheck” to retired and permanently disabled people.
What is the social security tax?
Interest on savings account is this type of income.
What is unearned income?
Optional deduction from your paycheck that helps your employer cover the cost of your dental bills
What is dental insurance?
State insurance program that pays you a paycheck if you are temporarily disabled.
What is state disability insurance (SDI)?
A form completed by an employee to indicate how much their employer should take out in federal taxes from their paycheck.
What is a W-4 form?
Forms of pay other than salary or wages.
What are employee benefits?
A tax withheld from your pay to provide a health insurance to retired and permanently disabled people.
What is the medicare tax?
The amount of hours in a regular work week
What is 40 hours?
A savings account opened by your employer to help save for your retirement.
What is a 401 K?
Money withheld from a worker’s paycheck.
What are deductions?
You will need to present 2 things when you are hired.
What is a driver’s license & social security number?
Worker is paid even though she or he is not at work due to an illness.
What is sick leave or sick days?
This tax helps pay for the CIA, FBI, and Trump’s salary.
What is the federal tax?
Present Minimum Wage Rate in NJ
What is $11.00?
The amount of salary or wages a worker receives before deductions are made from their paycheck.
What is gross income?
The present Social Security Tax Rate.
What is 6.2%?
Overtime is usually this amount more than regular pay.
What is 1.5 times regular pay?