true or false
To pay for social insurance programs administered by the Social Security Administration, employers, employees, and the unemployed must contribute.

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08-12-2022
Business

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true or false
To pay for social insurance programs administered by the Social Security Administration, employers, employees, and the unemployed must contribute.

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qwcricket qwcricket · Answer 1 · 2022-12-14T14:33:10+01:00

To pay for social insurance programs administered by social security administration, employers, employees, and unemployed must contribute. - True

In the United States, social insurance programs like the Social Security and Medicare are funded through a combination of contributions from employers, employees, and the self-employed. These contributions are typically deducted from workers' paychecks and matched by their employers.

The funds received through these contributions are then used to pay for the various benefits provided by these programs, such as retirement, disability, and health insurance. Moreover, few people who are not currently employed, such as those who are unemployed or not working due to a disability, may also be required to contribute to these programs through taxes or other means.

Read more about social insurance programs on:

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true or false To pay for social insurance programs administered by the Social Security Administration, employers, employees, and the unemployed must contribute.

Respuesta :

Otras preguntas

true or false
To pay for social insurance programs administered by the Social Security Administration, employers, employees, and the unemployed must contribute.