1. Which of these are benefits of a job as the term is used in this lesson?

a 401(k) plan

2. Which of these might workers’ compensation provide in at least some circumstances?
training to prepare an employee who was disabled by a workplace accident

3. What is an advantage of investing pre-tax dollars in a retirement account?
If you withdraw the saved money after retirement, you will most likely pay a lower tax rate on it.

4. Last year, $3,155.24 was withheld from your pay for federal taxes. When you calculate the amount of federal tax you owe, it comes to $2,791.80. What does this mean?
You will get $363.44 refund from the government.

5. What is the role of Medicare today?
to provide medical coverage for people over the age of 65

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