Taxes, Taxes, Taxes
Unearned Income
Banking Bonanza
100

This is the tax form that your employer must provide for you by the end of January so you can file taxes.

What is a W2?

100

This investment type is a fixed income investment, meaning you get paid on a regular schedule

What are bonds?

100

Members are co-owners of this type of bank, benefiting from lower interest rates and fees.

What is a credit union?

200

This type of tax is used as income by retired people and people with disabilities 

What is Social Security?

200

This is a payment you receive from a company's profit when you own stock shares in that company

What is a dividend?

200

This is the term for when someone doesn't have enough money in an account to cover a charge 

What are insufficient funds?

300

Self-employed people should estimate and pay their taxes this many times a year.

What is 4?

300

This is the term for spreading your investments across a variety of asset classes

What is diversification?

300

The primary duty of the FDIC and NCUA is this

Protect bank customers

400

This type of tax system taxes people with higher incomes at a higher percentage

What is a progressive tax?

400

How long you plan to keep your investments is called your ________ __________.

What is your time horizon?

400

This type of money transfer is NOT protected by the FDIC or NCUA

What is peer-to-peer

500

This is an example of a regressive tax

What is a sales tax?

500

This type of company is a riskier investment than a large cap company

What is a midcap company?

500

You can NOT do this with a mobile banking app.

What is withdraw cash?