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earning income

TermDefinition
Associate Degree an undergraduate college degree that typically requires completing 60 semester credits or about two years of full-time study
bachelors Degree an undergraduate academic credential awarded by colleges and universities upon completing a course of study
Benefits of payments, services, or advantages provided by employers, governments, or insurance plans to help individuals with financial, medical, or daily needs
compensation the total cash and non-cash payment or remuneration given in exchange for work performed, or as a recovery for harm, loss, or injury suffered
Doctorate Degree A doctoral degree is the highest level of academic achievement and expert-level knowledge you can earn in a field.
. FICA is a United States federal payroll (or employment) tax payable by both employees and employers to fund
Gross Income the total amount of money earned by an individual or business before any taxes, deductions, or expenses are subtracted
Income Tax is a mandatory financial charge governments impose on the earnings, wages, profits, and investment returns of individuals and businesses.
College Major A college major is your primary academic focus or specialty within a bachelor's degree program.
masters degree a postgraduate academic or graduate credential earned after a bachelor's degree to show advanced, specialized knowledge in a specific field
Minimum Wage the lowest hourly pay that an employer can legally pay a worker.
Payroll Deduction amounts subtracted from an employee's gross earnings by an employer to cover taxes, benefits, and other legal or voluntary obligations.
. PTO Paid Time Off,
. Salary a fixed amount of money an employer pays an employee for their work
Wage financial compensation paid by an employer to an employee in exchange for work
Created by: coIe
 

 



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