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Select the One Term That Best Fits Each Definition

Question 24

Multiple Choice

Select the one term that best fits each definition.
-A federal tax paid for old-age, survivors, and disability insurance.


A) 401(k)
B) commission
C) direct deposit
D) electronic funds transfer
E) individual retirement account
F) Medicare tax
G) net pay
H) qualified retirement plan
I) Roth individual retirement account
J) social security tax
K) tax base
L) withholding allowance

Correct Answer:

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