Insurance
Types of Taxes
Taxes
Types of Insurance
Parts of Paystub
100
What and How is covered by insurance
What is Coverage
100
Charges income tax for everyone who earns money.
What is Federal Income Tax
100
A form you fill out one time when you start a job.
What is W-4
100
THIS is required by law in most states for those who drive.
What is Auto Insurance
100
THIS is the amount you have earned in the year so far.
What is Year To Date
200
The agreement between the insurer and the insured.
What is Terms
200
Some states don't charge THIS
What is State Income Tax
200
Receive annually from your employer
What is W-2
200
THIS can protect you from paying for damages in a case of burglary, fire, or other incident at your home
What is Renters / Homeowners Insurance
200
Amount taken out of your paycheck to pay for taxes
What is Taxes Withheld
300
The monthly cost of insurance
What is Premium
300
Most states charge THIS every time you buy something.
What is Sales Tax
300
You employer "Withholds" taxes and sends them to the IRS.
What is Withholding
300
THIS helps cover the cost of any medical expenses, including doctor visits.
What is Health Insurance
300
A tax that pays for health care for people aged 65 and over.
What is Medicare
400
The amount insurance wants you to pay before they start paying.
What is Deductible
400
THIS depends on you states, local jurisdiction, and the value of your property.
What is Property Tax
400
File once a year with the IRS
What is 1040 EZ Tax Return
400
THIS helps cover lost income when an illness or injury prevents you from working.
What is Disability Insurance
400
A tax that pays for the retirement benefits for people who are currently retired and for the future retired population.
What is Social Security Tax
500
When you ask insurance to pay because something happened.
What is Claim
500
THIS is usually from the sale of stock, bonds, or property
What is Capital Gains Tax
500
Your pay before deductions and withholdings
What is Gross Pay
500
THIS insurance ensures that another person will be financially protected if you pass away.
What is Life Insurance
500
An optional retirement savings plan sponsored by your employer
What is 401(K)
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