See all 11th-12th Grades Standards
Job Benefits

Job Benefits

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Here's how Job Benefits aligns with curriculum standards in Utah. Use the filters to change the location, set of standards, and grade level.

General Financial Literacy

STRAND 3: Students will understand sources of income and the relationship between career preparation and lifetime earning power.

Standard 1: Identify sources of income and specific employability skills.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Job Benefits
Identify sources of income, such as salary, wages, commissions, and tips.
Evaluate and compare career opportunities based on individual interests, skills and educational requirements, the value of work to the market, and income potential.
Understand the effects of FICA (Social Security and Medicare), state, local, and federal taxes and voluntary deductions on wages and income, and the similarities and differences between wages and income.
Contrast the differences between gross income, net income, and taxable income.

STRAND 4: Students will evaluate saving methods and investment strategies.

Standard 3: Discuss the risks and returns of investing.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Job Benefits
Identify types of long‑term retirement accounts, such as IRA, Roth IRA, 401(k), and Roth 401(k).

Standard 4: Understand the role of risk management in asset protection.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Job Benefits
Define common insurance products and their purposes, such as automobile, health, homeowner/renter, whole/term life, and disability.
Define terms of a basic insurance policy, such as contract, limits of coverage, premium, deductible, grace period, and lifetime limit.
Discuss insurance needs at different stages of life.