See all 11th-12th Grades Standards
Earning Income

Earning Income

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

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 Earning Income
Identify sources of income, such as salary, wages, commissions, and tips.
Compare the risks and rewards of entrepreneurship/self‑employment.
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.

Standard 2: Understand and begin preparation for post‑secondary training and career.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Earning Income
Recognize and explore the correlation between education, training, and potential lifetime income.