Take the opportunity to offer your young adults some important financial wisdom on the way taxes and inflation will affect their lives in the future. Through discussion and review of different real-world scenarios provided...

Introduce your young adults to the important understanding that the money they receive from their paychecks is a net amount as a result of deductions from taxes. Other topics covered include federal, state, Medicare and social...

What exactly is the fiscal cliff? What are the effects of changing income tax rates and payroll tax rates? Your learners will begin by reading news articles and examining graphs illustrating the "Bush tax cuts" of 2001 and 2003. They...

Learners complete lessons and worksheet to identify the different types and uses of payroll taxes. They examine how federal income taxes are used, determine the difference between gross and net pay, and determine how employers withhold...

Students investigate what taxes are and solve related problems.

Students are able to compare the effects of the following, using income as a measure of ability to pay: a progressive tax, a regressive tas, and a proportional tax. They explain how a mixture of regressive and progressive taxes could...

Upper elementary learners explore the concept of taxes taken out of an employee's paycheck. As they work through this lesson, young mathematicians discover the difference between gross pay and net pay. They also see what types...

Students study taxes and the role that they place in our lives. In this economic lesson, students explore the reality of taxes, how they work, why we pay them, where the money goes and how to make the most of the money you pay into taxes...

What financial situations and decisions await young learners after they graduate from high school? This project allows class members to glimpse into the types of responsibilities they will have as adults, from considering job...

In this working with large numbers worksheet, students are given the finance statistics for the US and the world for the 2006-2007 year. Students solve 11 problems including finding averages and percentages for the given statistics and...

In this decimals instructional activity, learners solve 10 different word problems that include using decimals. First, they determine the amount of change received from a cashier given a specific amount. Then, students write a decimal...

Learners create a personal budget.  In this creating a personal budget lesson, students create a list of 3 necessary things they need to survive.  Learners rank these things in order of importance and determine their...

Pupils examine inflation over the years and learn to calculate how it changes over time. For this money management lesson, students learn how price changes affect their purchasing power, how to come up with strategies for dealing with...

This site offers an essay addressing the problem of mortality decline and the viability of Social Security in the long run. Contains footnote references.

The site gives information on the option of having federal taxes withheld from Social Security benefits.

The Legal Information Institute of the Cornell Law School offers a brief summary of Social Security history and practice. For their entire, very extensive Social Security resource, click on "LLI's Social Security Library" at the bottom...

TaxHistory.com provides a detailed look at the development and history of the federal income tax. Content addresses the roots of the federal income tax with the 1894 Income Tax Act, the reasoning behind the 16th amendment, the two uses...

This Entrepreneur Magazine article provides "Everything you wanted to know about payroll taxes, and then some," and includes a good explanation of FICA (social security and medicare) withholding.