Pays benefits to disabled workers and retirees.
What is FICA?
Federal Insurance Contributions Act
FICA funds these 2 major benefit programs?
What is Social Security and Medicare?
40 hours per week, $12 per hour-you gross pay is?
What is $480.
Pension plan for senior citizens which workers contribute to during their careers and collect on during their retirement
What is Social Security?
A form you complete that instructs employers on how much federal income tax to withhold from your paychecks
What is W4?
The ability to use various financial skills is called?
Financial Literacy
Tax deducted from your paycheck that goes to fund activities of your state government
State Withholding Tax
What is the Federal Minimum Wage?
What is $7.25 per hour?
$11.50 per hour, 20 hours worked this week, whats your gross pay?
What is $230?
Tax deducted from your paycheck that goes to fund activities of the U.S. government