Personal Finance – 11/18/2016

I.  Bellwork – Show your work

II.  Objectives

Content OBJ –

  • Calculate FICA Tax (Social Security and Medicare)
  • Calculate federal, state, and FICA tax and net wages

Lang OBJ –

  • create a brace map identifying and explaining the components of FICA tax
  • explain how to calculate net wages

III.   Brace map – Components of FICA tax

IV.  Test Tuesday

V.  Classwork:

1)  6.1.4.3 Net Wages

2). 6.1.5.1  Medicare & Social Security

3). Banzai Problems

 


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