Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Experience the convenience of getting reliable answers to your questions from a vast network of knowledgeable experts. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

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


Sagot :

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.