lgenesis062 lgenesis062

28-10-2019
Social Studies

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b. Social Security and Medicare trust funds are

Respuesta :

28-10-2019

Medicare is funded by the Social Security Administration. Which means it's funded by taxpayers: We all pay 1.45% of our earnings into FICA - Federal Insurance Contributions Act, if you're into deciphering acronyms - which go toward Medicare. Employers pay another 1.45%, bringing the total to 2.9%.

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jhol2581 jhol2581

28-10-2019

Answer:

Trust Fund pays retirement and survivors benefits and the DI Trust Fund pays disability benefits. For Medicare, the HI Trust Fund pays for inpatient hospital and related care.

Explanation:

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