Which of these are benefits of a job as the term is used in this lesson?(1 point)
Responses
a high hourly wage
a high hourly wage
an office in a great neighborhood
an office in a great neighborhood
working for a good cause
working for a good cause
a 401(k) plan
a 401(k) plan
Which of these might workers’ compensation provide in at least some circumstances?(1 point)
Responses
payments to the family of a worker who died.
payments to the family of a worker who died.
medical treatment for injuries caused by a car crash that occurred while an employee was on vacation
medical treatment for injuries caused by a car crash that occurred while an employee was on vacation
payments to a worker after they retire
payments to a worker after they retire
training to prepare an employee who was disabled by a workplace accident
training to prepare an employee who was disabled by a workplace accident
What is an advantage of investing pre-tax dollars in a retirement account?(1 point)
Responses
You will have that money to live on after you retire.
You will have that money to live on after you retire.
You can work less now because you will have money to spend later.
You can work less now because you will have money to spend later.
As more time passes after you retire, your payments become larger.
As more time passes after you retire, your payments become larger.
If you withdraw the saved money after retirement, you will most likely pay a lower tax rate on it.
If you withdraw the saved money after retirement, you will most likely pay a lower tax rate on it.
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?(1 point)
Responses
You must pay an additional $363.44.
You must pay an additional $363.44.
The remaining $363.44 will be applied to your state taxes.
The remaining $363.44 will be applied to your state taxes.
You have lost $363.44.
You have lost $363.44.
You will get $363.44 refund from the government.
You will get $363.44 refund from the government.
What is the role of Medicare today?(1 point)
Responses
to pay benefits to people who have retired
to pay benefits to people who have retired
to provide income for people over 65 to live on
to provide income for people over 65 to live on
to pay for medical training
to pay for medical training
to provide medical coverage for people over the age of 65
to provide medical coverage for people over the age of 65
To determine which of these options are benefits of a job, let's analyze each statement:
1. A high hourly wage: This can be considered a benefit as it means you'll be earning a higher income for the work you do.
2. An office in a great neighborhood: Although having an office in a great neighborhood might be a nice perk, it may not necessarily be considered a direct benefit of a job. It can enhance the working environment, but it's not directly related to the benefits of the job itself.
3. Working for a good cause: This is often considered a benefit because it provides a sense of purpose and satisfaction in knowing that your work is contributing to something meaningful.
4. A 401(k) plan: A 401(k) plan is a retirement savings plan provided by many employers. It allows employees to contribute a portion of their salary to a tax-deferred investment account. This can be considered a benefit as it helps employees save for their future retirement.
Based on the analysis, the benefits of a job in this context would be a high hourly wage, working for a good cause, and a 401(k) plan.