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| Plan for managing money during a given period of time. |
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| The total amount of income from your wages or salary before payroll deductions. |
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| The amounts subtracted from gross income, which results in your net income. |
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| Fees placed on income, poverty, or goodsto support government programs. |
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| A fees for the support of federal government programs and is a payroll deductions collected by the employer each pay period and paid to the IRS. |
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| A fee collected by your employer and paid to the state renenue department to support state programs. |
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| Collected from most employers to fund this federal program, which provides oldage, suvivers, and disability insurance. |
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| Collected from most employers to fund hospital insurance provided under the system. |
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| sometimes called "take-home pay" it's the amount you recieve after all of the deductions from your gross pay. |
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| They have a set dollar amount and are the exact amount every time |
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| These can change, which means you usually have more control over them. |
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| How you handle the money coming in and the money coming out. |
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| What are the two simple parts of a budget? |
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| List three deductions that are subtracted from most peoples pay check. |
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1.State Income Tax
2.Payroll Deductions
3.Medicare Taxes |
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True or false, the purpose of a Form
W-2 is to itemize how much money was earned by an employee and how much was withheld and sent to the IRS. |
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| Automated Teller Machine. |
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| What is a checking account? |
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| An account where you can write a check for regular occuring bills. |
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