What is paycheck?
A check for salary or wages made out an employee
What is a W-4form?
A form which tells the employer how much tax to withhold from an employee's paycheck.
What is the average age for retirement?
59.88 years or 60
What is Credit Card Fraud?
When someone intentionally uses your credit account to steal money or goods,
What is another way to spell pay check?
Pay Cheque
What are allowances?
A exemption from paying a certain amount of income tax.
true or false: 55% Americans stop working sooner than planned.
True
The chance that activities or events that affect a companies value of an investment is what type of risk?
Company Risk
How do most workers get their paychecks?
Direct Deposit
What does W-4 from stand for?
Withholding Allowance Certificate.
What is the average American's 401(K) balance
$104,300
What is the rate for Social Security?
6.2%
When do most employees recieve their paycheck?
Weekly or every two weeks
What are dependents?
A person other than the taxpayer or spouse who entitles the taxpayer to claim a dependency exemption.
Social Security is designed to replace what % of income?
40%
What is the rate for medicare?
1.45%
Do you have the right to minimum your pay on checks?
Yes
Do you have to put your Social Scurity number on W-4form?
Yes
How many workers save for retirement?
About 6 10 10 workers
What is bear market?
the period of steadily decreasing stock prices and investor pessimism