Entering the World of Work

Section 1: Understanding Your Paycheck

Answers to Section Review

After You Read

  1. A deduction is an amount taken from your gross pay. Types of deductions might include FICA, Social Security health care, dental care, an investment plan, and local, state , and federal income tax.
  2. Social Security programs benefit the disabled and retired.
  3. Answers may vary but may include that the government takes tax money up front because having you to pay and send your taxes on your own is less organized and less reliable.

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