TYPES OF PROGRAMS
SOURCES OF INCOME
GOVERNMENT PROGRAMS
EMPLOYEE BENEFITS
VOCAB/WHAT DOES IT STAND FOR
100
money to purchase nutritious food
What is SNAP
100
Access funds by cashing in checks
What is PAPERCHECK
100
This government program funds Medicare and Social Security
What are FEDERAL PROGRAMS
100
form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue his or her employer for the tort of negligence
What is WORKERS COMPENSATION
100
Supplemental Nutrition Assistance Program
What is SNAP
200
temporary, provides money, job training and other support to help achieve self sufficiency
What is TANF
200
Directly put into a bank account
What is DIRECT DEPOSIT
200
Funds TANF and unemployment insurance
What are STATE PROGRAMS
200
a period of time that one must be away from one's primary job, while maintaining the status of employee
What is PAID ABSENCES
200
Temporary Assistance for Needy Families
What is TANF
300
Helps pay for healthcare for individuals 65 and older
What is MEDICARE
300
Similar to debit card but not linked to employee's personal account
What is PAYROLL CARD
300
Funds youth programs such as city recreation programs
What are LOCAL PROGRAMS
300
What do employee benefits match contributions to?
What is MEDICARE AND SOCIAL SECURITY
300
Outlines the deductions made to wages
What is PAYSTUB
400
Income for retirees, people with profound disabilities, children who lost parents or death of spouse
What is SOCIAL SECURITY
400
gross income-deducitons
What is NET INCOME
400
All government programs are funded by this:
What is A TAXPAYER
400
A source of income for workers who have lost their jobs through no fault of their own. Workers who quit or are fired are generally not eligible for this
What is UNEMPLOYMENT INSURANCE
400
people who pay taxes to federal, state, county or municipal (city/town) governments)
What is TAXPAYERS
500
Provide income while the person is seeking new employment
What is UNEMPLOYMENT SECURITY
500
cash or in-kind benefits that people receive without being required to perform work or service.
What is UNEARNED INCOME
500
Low‐income individuals and families who file a tax return in a given tax year can receive an Earned Income Tax Credit which is funded by:
What is A FEDERAL GOVERMENT
500
Of Americans who have health coverage, nearly 60 percent secure that coverage through an employer-sponsored plan, often called group _________
What is HEALTH INSURANCE
500
not charged on all purchased items; however, many items you purchase such as clothes, movie tickets and gasoline are subject to _______
What is SALES TAX