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What does FICA stand for?
Federal Insurance Contributions Act
FALSE
Scholarships
pay period
She will receive her pay directly into her checking account at her depository institution for each pay period.
6.2%
Match contributions to federal and state income taxes
TRUE
Which of the following is NOT a way that employers support employees?
Federal Insurance Contributions Act
FALSE
Scholarships
pay period
She will receive her pay directly into her checking account at her depository institution for each pay period.
6.2%
Match contributions to federal and state income taxes
TRUE
It is important to fill out the FAFSA to see if you qualify for loans and/or grants.
Federal Insurance Contributions Act
FALSE
Scholarships
pay period
She will receive her pay directly into her checking account at her depository institution for each pay period.
6.2%
Match contributions to federal and state income taxes
TRUE
The regular schedule that employers pay their employees is called the __________.
Federal Insurance Contributions Act
FALSE
Scholarships
pay period
She will receive her pay directly into her checking account at her depository institution for each pay period.
6.2%
Match contributions to federal and state income taxes
TRUE
FICA stands for Federal Income Contributions Acquisition.
Federal Insurance Contributions Act
FALSE
Scholarships
pay period
She will receive her pay directly into her checking account at her depository institution for each pay period.
6.2%
Match contributions to federal and state income taxes
TRUE
Jamie has elected to be paid by direct deposit at her new job. This means...
Federal Insurance Contributions Act
FALSE
Scholarships
pay period
She will receive her pay directly into her checking account at her depository institution for each pay period.
6.2%
Match contributions to federal and state income taxes
TRUE
____________ of every paycheck (if you are NOT self-employed) is taken out to help fund Social Security.
Federal Insurance Contributions Act
FALSE
Scholarships
pay period
She will receive her pay directly into her checking account at her depository institution for each pay period.
6.2%
Match contributions to federal and state income taxes
TRUE
____________________ are often based on financial need or some other type of merit or accomplishment.
Federal Insurance Contributions Act
FALSE
Scholarships
pay period
She will receive her pay directly into her checking account at her depository institution for each pay period.
6.2%
Match contributions to federal and state income taxes
TRUE
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