21st Century Student FinLit -Getting Personal SW

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Name: _____________________________________________________________________________

15. Aurelio recently graduated college. He wants to start a freelance career in graphic design, but having good healthcare insurance coverage is important to him. As a freelancer, how can he get his own healthcare insurance? _ ____________________________________________________________________ _ ____________________________________________________________________ _ ____________________________________________________________________ 16. Which of the following is an advantage of working as an independent contractor? a. higher income b. substantial control over your own hours and work place. c. less competition for jobs d. guaranteed Employee Stock Ownership Plan 17. Ofelia’s employer provides dental and vision insurance. After her dentist appointment, she was shocked to find that she was responsible for paying $100.00 of the cost of her treatment. What did Ofelia fail to understand about the cost of this employee benefit? _ ____________________________________________________________________ _ ____________________________________________________________________ _ ____________________________________________________________________ 18. Ofelia’s employer offers a flexible spending account. She can use the money in it to pay for all of the following EXCEPT? a. a new car c. child care b. medical care d. $100.00 she paid to the dentist 19. Chris just got fired for shopping online during an important meeting and missing several project deadlines. He doesn’t care. He plans to collect unemployment insurance benefits until he feels like working again. Is he eligible for unemployment insurance benefits? Why or Why not? _ ____________________________________________________________________ _ ____________________________________________________________________ 20. T F Every state requires employers to provide insurance coverage for employees who were injured outside of their job. PRODUCT PREVIEW

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Chapter 4 | Pay. It’s More Than a Salary

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