Career Terminology

4. A monthly payment made to someone who is retired from work
5. A tax collected by the United Sates Internal Revenue Service (IRS) on the annual earnings of individuals, corporations, trusts, and other legal entities.
6. The electronic transfer of a payment directly to your checking account.
10. 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.
11. A type of insurance that will provide income in the event you are physically unable to fulfill your duties at your job.
12. A fixed regular payment, typically paid monthly or biweekly
13. A direct tax collected by your state government

1. A payment or gift given by an employer, an insurance company, or a public agency
2. Voluntary deductions are those that the employer offers and the employees accept
3. The amount of pay remaining to the employee after deductions have been taken from the employee’s gross pay.
7. A thing that motivates or encourages one to do something
8. A federal insurance program that provides benefits to retired people and those who are unemployed or disabled.
9. The total amount you have made since working at your place of employment.