Career Terminology

5. You place of employment is required by federal and/or state law to deduct a certain amount of the employee’s pay for the purpose of satisfying the employee’s debt, or contribution to the employee’s retirement account, or tax withholding.
9. insurance a type of insurance that will provide income in the event you are physically unable to fulfill your duties at your job.
10. a monthly payment made to someone who is retired from work
11. A fixed regular payment, typically paid monthly or biweekly
12. a payment or gift given by an employer, an insurance company, or a public agency
13. The amount of pay remaining to the employee after deductions have been taken from the employee’s gross pay.

1. The electronic transfer of a payment directly to your checking account.
2. Voluntary deductions are those that the employer offers and the employees accept
3. a tax collected by the United Sates Internal Revenue Service (IRS) on the annual earnings of individuals, corporations, trusts, and other legal entities.
4. a federal insurance program that provides benefits to retired people and those who are unemployed or disabled.
6. a thing that motivates or encourages one to do something
7. A direct tax collected by your state government
8. The total amount you have made since working at your place of employment.