Across
- 4. Federal Income Contributions Act. The FICA tax is a U.S. payroll tax used to fund Social Security and Medicare. Both employees and employers pay the FICA tax.
- 7. Managing your money while saving and investing.
- 9. The payment people receive for providing resources in the market.
- 10. Someone who buys products or services.
- 12. The ability to understand and effectively use various financial skills.
- 14. Someone who uses the product or services.
- 17. A federal program that provides benefits for retirees, the disabled, and the minor children of deceased workers.
- 18. A form employers must provide to employees shortly after year-end to report annual income and withholding for an employee's tax return.
- 19. Time worked beyond regular hours.
Down
- 1. Government fees on business and individual income, activities, products, and property that people are required to pay.
- 2. Money offered to encourage employees to strive for higher levels of performance.
- 3. The income for providing human resources (labor).
- 5. Money that is out away for the future.
- 6. An estimate of income and expenses for a set period of time. no
- 8. A federal program that provides health insurance for people 65 years of age or older and people under 65 with certain disabilities.
- 11. Take-home pay; it is the amount received after taxes and deductions have been taken out of gross pay.
- 13. The amount people earn in a pay period before any deductions or taxes are taken out.
- 15. Spending more money than you have in your account.
- 16. A form that must be completed by an employee before starting a job. It is used by the employer to determine the amount of income tax to withhold for the employee.
