Here's how Paycheck Deductions aligns with curriculum standards in Connecticut. Use the filters to change the location, set of standards, and grade level.
Financial Literacy Standards
9.1: Earning Income
12.6: Federal, state, and local taxes fund government-provided goods, services, and transfer payments to individuals. The major types of taxes are income taxes, payroll taxes, property taxes, and sales taxes.
12.7: The type and amount of taxes people pay depend on their sources of income, amount of income, and amount and type of spending.
12.9: Tax deductions and credits reduce income tax liability.
12.10: Retirement income typically comes from some combination of continued employment earnings, Social Security, employer sponsored retirement plans, and personal investments.
9.5: Managing Risk
12.9: Unemployment insurance, Medicaid, and Medicare are public insurance programs that protect individuals from economic hardship caused by certain risks.