Grant Was Recently Released from a State Prison After Serving

question 21

Multiple Choice

Grant was recently released from a state prison after serving out his full sentence for drug-related crimes.Like many ex-felons,Grant has promised himself that he will not go back to prison.However,based on nationwide statistics,what is the likelihood that Grant will be back in prison within three years?

• A)20%
• B)30%
• C)40%
• D)50%

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Definitions:

FICA - Medicare

Part of the Federal Insurance Contributions Act taxes, specifically aimed at funding Medicare, a healthcare program for the elderly and certain disabled individuals in the United States.

Withheld

Refers to a portion of an individual's earnings or payments that is not provided to them but is instead held back, often for tax purposes.

Matched by Employer

Pertains to contributions or payments, typically toward FICA taxes or retirement funds, that an employer duplicates for an employee.

Contingent Liability

A potential financial obligation that may occur or become payable in the future, depending on the outcome of a specific event.