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Ch 10: Career &Taxes
Vocabulary terms from Chapter 10: Career and Taxes
| Term | Definition |
|---|---|
| Career | Your line of work |
| Cover Letter | Letter informing a prospective employer that you are interested in working for their company |
| FICA (Federal Insurance Contributions Act) | Government legislation that funds Social Security |
| Income Tax | Progressive tax on the financial income |
| Interview | Meeting between an employer and an applicant; the employer asks the applicant questions to assess whether he or she has the right social skills and intelligence for the job |
| Payroll Deduction | Amount subtracted from a paycheck, either by government requirement (mandatory taxes, Social Security, etc.) or at the employee’s request (health insurance, retirement plan, etc.) |
| Resume | Document that lists personal and work history |