Miscellaneous Items-XI
One’s inherent ability or talent is referred to as one’s______________________.
aptitude
Calculations that are made to determine the difference between the payments from, and the deposits to, a checking account.
Balancing a Checking Account
Automatic payments a customer can set up, such as to pay for car insurance or cell phone service.
Recurring Payments
Never give out this information unless you are certain it is to your own bank and not a fraudulent Web site.
Personal Information
A United States government program established in 1935 that includes a retirement benefit for citizens; it is funded by payroll tax.
Social Security
_____________________replaces the income of the insured individual if he or she cannot work due to injury or illness.
Disability Insurance
Financial institution at which you can get a checking account or savings account.
Bank
A number used to access your account when used with a money card or debit card.
PIN (Personal-Identification Number)
Using the Internet and a bank’s website to keep track of bank accounts, moving money from one account to another, and paying bills.
Online Banking
Permanent withdrawal from the workforce.
Retirement
A(n)_________________is a type of retirement-savings plan that is not usually done through an employer; traditional IRAs are tax deductible and earnings are tax deferred.
IRA (Individual Retirement Account)
When a criminal sends an e-mail using a scheme to get you to divulge your personal information.
Phishing
Secret word used, with the username, to access online banking.
Password
Making an online transfer of money; for example, from a savings account to a checking account.
Account Transfer
A type of retirement plan, usually a pension, in which the payment amount is guaranteed.
Defined-benefit plan
_____________________indicates a job accessible to a person who is inexperienced in a particular field.
Entry Level
Monthly printout from your bank that shows all transactions in your accounts.
Bank Statement
When a criminal uses trickery to convince someone to give up valuable information or items of value.
Fraud
The worldwide electronic network including Web pages, chat rooms, and online forums.
Internet
A savings plan for retirement that is offered through a company’s benefits package; contributions are usually matched by the company.
Employer-sponsored retirement plan
A bank machine that gives out cash from your account and accepts deposits around the clock.
ATM
Account name used to access online banking.
Username
Service that connects a computer to the Internet.
Internet Access
When a criminal opens a credit card with another person’s name and social security number, charges merchandise, and leaves the victim with the unpaid bill.
Identity Theft
A type of retirement-savings plan that is not usually done through an employer; traditional IRAs are tax deductible and earnings are tax deferred.
IRA (Individual Retirement Account)