Across
- 2. Federal Insurance Contributions Act, amount deducted from an employee’s paycheck to contribute to Social Security and Medicare
- 5. Type of insurance that financially protects another person (called a beneficiary) if you pass away
- 8. Money withheld from an employee’s paycheck and used for federal, state, and local needs
- 9. U.S. government agency responsible for collecting taxes and enforcing tax laws
- 10. Tax form employees use to tell their employer how much federal income tax to withhold from their paycheck
- 13. A means of protection from financial loss by pooling risk
- 14. Tax form employers are required to send employees each year to report total annual salary or wages and amount of taxes withheld from their paychecks
- 17. Purchase or expense that reduces the overall amount of money earned as well as the amount that is taxable
- 18. A form of compensation in addition to a salary or wage including insurance, company perks, and employee rewards
- 19. Tax states charge on the money earned from working
Down
- 1. A set amount of money earned per pay period regardless of hours worked
- 3. Tax the federal government charges on the money earned from working
- 4. Total amount of money earned after taxes and deductions are taken out of an employee’s paycheck
- 6. Tax that pays benefits to retired people, disabled people, and dependents of workers who have died
- 7. Total amount of money earned before taxes and deductions are taken out of an employee’s paycheck
- 9. Any form of money, property, or services earned or received
- 11. A set amount of money an individual earns for work completed, usually by the hour
- 12. Tax that pays for health care for people over 65
- 15. Workforce environment in which short-term engagements, temporary contracts, and independent contracting is commonplace
- 16. A type of insurance that covers the cost of medical expenses