Madelinerobertssidn
Answered

Find answers to your most challenging questions with the help of IDNLearn.com's experts. Explore a wide array of topics and find reliable answers from our experienced community members.

Under the Federal Insurance Contributions Act, where do the funds for Social
Security and Medicare come from?

Sagot :

Samawatiidn

Answer:

It is deducted from the workers

Explanation:

All employers are required to deduct social security and medicare taxes from their employees' paychecks. The deducted amounts are remitted to the government through the social security administration authority.

Therefore, the funds for Social  Security and Medicare come from the employees' paycheck. It is the workers who contribute these funds from their income.

We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Your questions are important to us at IDNLearn.com. Thanks for stopping by, and come back for more reliable solutions.