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The steps involved in building a balanced scorecard are
Social Security
A federal program in the United States that provides retirement benefits, disability income, and survivors benefits to eligible Americans.
Limit
The maximum amount, quantity, or level permitted, often used in financial contexts to describe caps on deductions, contributions, or benefits.
Standard Deduction
A fixed dollar amount that reduces the income on which you are taxed, an alternative to itemizing deductions, varies based on filing status.
Tax Year
The 12-month period for which tax is calculated and paid. It can be a calendar year or a fiscal year.
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