Unit Three Financial Literacy

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Across
  1. 5. is the amount you pay out-of-pocket for larger medical services.
  2. 7. is the income after deductions and taxes are taken out.
  3. 8. A document given to an employee with each paycheck that details their earnings, taxes, and other deductions for a specific pay period
  4. 9. is an agreement where an insurer agrees to pay some or all of your medical bills in exchange for a fee.
  5. 11. a dollar-for-dollar reduction of the income tax you owe.
  6. 15. an amount you can subtract from your total taxable income.
  7. 17. a set interval of time, such as weekly, bi-weekly, semi-monthly, or monthly, for employee pay
  8. 19. are the checks for wages made at employment
  9. 20. a program that provides income to elderly and disabled citizens.
  10. 26. Coverage protects against damage to your car caused by events that are out of your control.
  11. 27. an annual report from your employer on all wages earned for the year.
  12. 28. type of health insurance has lower premiums, but users must use providers in network.
Down
  1. 1. type of car insurance covers for damage to other vehicles, damage to objects, bodily injuries to other drivers and their passengers but not your own
  2. 2. and renters insurance both cover losses for personal property, medical bills, and loss of use.
  3. 3. Are federal, state and local taxes that are collected by withholding part of your income.
  4. 4. an amount of money withheld from an employee's income.
  5. 6. are wages made before deductions and taxes.
  6. 10. a tax form for self-employed people use to report their wages
  7. 12. True or False: Self-employed individuals do not need to worry about filling their taxes.
  8. 13. type of health insurance has higher premiums, but flexible with providers.
  9. 14. a program that provides health insurance to children and adults with limited economic resources.
  10. 16. have lower monthly premiums but higher annual deductibles and out-of-pocket maximums.
  11. 18. Insurance provides some financial protection if your car causes an accident that damages someone else’s car or property, injures someone or both.
  12. 21. Coverage covers your vehicle if it collides with another vehicle or object.
  13. 22. is a tax on retail products based on a set percentage of the retail price. People
  14. 23. a form that you fill out that allows employers to know the amount to withhold from your income for taxes.
  15. 24. The fixed, usually monthly, fees paid to insurance companies.
  16. 25. True or False: Car insurance is required in most states.