Careers
What degree do you earn for going to a 4 year college?
Bachelor's Degree
Employers and employees each pay 6.2 percent of wages. This tax helps you when you retire to provide a paycheck.
Social Security tax
______________ is the total wages you've earned for the pay period
Gross Pay
Where would you look on your Pay Stub to find the pay period?
Pay Period
What is it called when you learn how to do your job while on the job?
On the job training
A tax charged to individuals in order to fund the Medicare system.
Medicare tax
Taxes for the United States government
Federal Tax
What are 2 taxes that come from your paycheck?
Medicare, Social Security
What are the following called when it comes to a career: lifting, scanning, problem solving
Job Skills
Complete this form so that your employer can withhold the correct federal income tax from your pay.
W-4 form
___________ is smaller because taxes have been removed
Net Pay
Includes wages, salaries, bonuses, commissions, tips, and net earnings from self-employment.
Earned Income
The physical and psychological conditions that workers are exposed to while working.
Working conditions
The money that an employer deducts from an employee's gross wages and pays directly to the government.
Withholding Tax
Savings plan for retirement
401K
What is it called when you deposit electronic funds directly into a bank account.
Direct Deposit
After gaining your Master's degree, which degree can you get obtain if you go back to school?
Doctorate degree
What is the percentage held out for Medicare Tax?
1.45%
Savings plan for health needs
Health Savings Plan
What does YTD stand for on a paycheck stub?
Year to date