Unit 4 Vocab

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Across
  1. 3. a retirement savings plan offered by many employers
  2. 4. Income: money left after paying taxes and necessary expenses that you can spend or save however you want.
  3. 8. the time when a person stops working, usually after reaching an older age.
  4. 11. Tax: Money paid to the national government.
  5. 13. Taxes: Tax on money you earn.
  6. 15. a government health insurance program mainly for people age 65 and older and certain younger people with disabilities.
  7. 16. Taxes: extra money paid when buying buying certain items
  8. 17. Tax: Extra money paid when buying certain items.
  9. 18. Money subtracted from your income before taxes are calculated.
  10. 20. someone who relies on another person for financial support, such as a child.
  11. 22. Taxes: Tax on certain property or money passed down after someone dies.
  12. 25. is a mandatory financial charge by the government on individuals, businesses, or transactions to fund public services and infrastructure.
  13. 26. money a person receives after retiring from a job that offers a pension
  14. 27. Savings Account: An account, usually called a Flexible Spending Account (FSA), that lets you use money from your paycheck for certain healthcare or dependent-care expenses, often with tax benefits.
Down
  1. 1. an account used to save money for education expenses
  2. 2. Taxes: Tax on property, such as a house or land.
  3. 3. a retirement savings plan often offered by schools and certain nonprofit organizations.
  4. 5. Security: a government program that provides financial support to retired people and some people with disabilities
  5. 6. IRA: a retirement account where you contribute money you’ve already paid on taxes.
  6. 7. A government program that helps pay for healthcare for people with limited income.
  7. 9. money or property you receive from someone who has died
  8. 10. Money earned by a person, business, or government.
  9. 12. Income: Money left after taxes that you can spend or save.
  10. 14. Taxes: Tax on certain products, such as gasoline.
  11. 19. IRA: a retirement account where contributions may reduce your taxable income, and withdrawals are generally taxed later.
  12. 21. Something that allows a person to be excused from a rule or payment.
  13. 23. Return: A form you submit to the government showing your income, taxes, and other financial information.
  14. 24. Gains Taxes: Tax on profit made from selling something valuable.