non profit institutions and the agency that protects them
What are credit unions and the NCUA (National Credit Union Administration?
100
three most important types of taxes
What is progressive, regressive, and proportional?
100
this is the dollar in the United States
What is a monetary unit?
100
four types of savings accounts
What is savings account, money market, CDs, and U.S. savings bond?
100
a tax that is the same for everyone
What is proportional tax?
200
name at least 3 services banks provide
What is CDs, IRAs, mortgage, personal loans, credit cards, etc?
200
tax in which higher percentage comes from the poor than the rich
What is regressive tax?
200
three types of money used today
What is currency, checks, and debit cards?
200
percentage of increase in the value of the money you have in a savings account
What is the rate of return?
200
spending category where government can choose to fund
What is discretionary spending?
300
you do this in order to deposit checks into your account and if you think you lost a check you do this
What is endorsing and stop payment?
300
form that is filled out for income tax returns and the date it must be submitted
What is 1040 and April 15th?
300
produced without the legal sanction of the government and carries a sentence of 15 years
What is counterfeiting?
300
two types of loans banks offer
What is secured and unsecured?
300
collects federal taxes, issues regulations, and enforces laws
What is the IRS?
400
this happens after completing a transaction for an amount that is less than what is available in your account AND this happens when you cash a check with no funds
What is overdraft and bounced check?
400
required taxes also called entitlement programs
What is Social Security, Medicare, and unemployment?
400
created to protect money transfers that occur using technology
What is the Electronic Fun Transfer Act?
400
two things used to determine if you can get a loan
What is credit score and debt to income ratio?
400
two forms needed to start a new job and the form you receive after making money at that job
What is a W4, I-9, and W2?
500
law that protects and ensure electronic checks are deposited and processed by banks as soon as possible
What is check 21?
500
other taxes that are paid in certain situations
What is luxury tax, estate tax, gift tax, import tax(tariff)?
500
used to extract money from your ATM card
What is a PIN or personal identification number?
500
two risks of identity theft
What is bad credit score, refused loans, arrested for crimes you didn't commit?
500
total amount earned before tax deductions and total amount after deductions