Personal Finance

3. amount that can be removed from a person's tax liability lowers their taxable income
4. amount that a government gives back to a taxpayer who has paid more taxes than were due
5. reinvesting earned interest back into the principal to allow money to grow exponentially over time
7. insurance program for health care for low-income earners
8. The amount you earn as a benefit of depositing more interest-bearing bearing account
15. healthcare for the elderly or disabled Americans
16. Inflation caused by growth in the economy's money supply
17. Interest paid on the principal alone
19. Original amount of money saved or invested, separate from interest or earnings
20. someone you financially support

1. percentage at which taxes are paid on each dollar of income
2. An automatic electronic deposit of net pay to an employee's designated bank account
6. amount of money that must be kept in an account as required by that particular financial institution
9. An amount subtracted directly from the tax owed
10. Money set aside for unanticipated expenses or loss of income
11. set amount of money, per dependent, you can subtract from your taxable income
12. provides monthly benefits (retirees, military families,etc
13. A monthly fee that some banks charge to provide access to checking or savings accounts
14. details earning the amount withheld for taxes, health insurance, retirement funds.
18. The rate at which the price of goods increases and consumer purchasing power decreases over time