Review of Current Unit Vocabulary
Across
- 8. Funds hospital insurance for seniors
- 9. Total pay before any taxes or deductions are removed.
- 10. Funds retirement, survivors, and disability benefits
- 11. Word to describe optional deductions that are either a choice or based on the company you work for.
Down
- 1. A mandatory deduction that is taken out of your paycheck based on the Federal Insurance contribution Act.
- 2. The "take-home pay" remaining after all deductions.
- 3. if you are _____ then you will be required to pay both the employer and employee portions of FICA taxes (total of 15.3%)
- 4. The fixed amount of money an employer pays an employee for every hour they work
- 5. Word to describe required deductions
- 6. Amounts subtracted from gross pay
- 7. The fixed amount of money an employer pays an employee annually