0
Social Security provides cash payments, and Medicare provides health care, to citizens age 65 and older or permanently and totally disabled. Both programs are funded by payroll taxes.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
If you accept Medicare do you not get your social security?
Acceptance of Medicare has no effect on your eligibility for Social Security.
Are social security and Medicare different from social welfare?
No! Both social security, medicare, and food stamps; are all forms of social welfare.
Social security amd medicare are taking out of your income as taxes?
Yes. Social Security and Medicare are taken out of your income before you see your paycheck. Your employer also pays an additional Social Security and Medicare tax to your account.
Do you still have Social Security deducted from your check if working and collecting Social Security?
Yes. If you work after retirement, you will still have contributions to Social Security and Medicare (FICA) withheld from your paycheck at the same rate as before retirement.
Does your employer still withhold Social Security if you are retired and collecting Social Security?
Yes. If you work after retirement, you will still have contributions to Social Security and Medicare (FICA) withheld from your paycheck at the same rate as before retirement.
What is Medicare sn?
It is your social security number
Is medicare an optional deduction?
Medicare, like social security is a mandatory deduction.
Medicare funds are collected by?
social security adminisration
Which is the largest entitlement program medicare food stamp social security or medicaid?
Social Security
What percentage of income do employees pay in social security and Medicare taxes?
Social security: 6.2%
What year was it voted to pay medicare out of social security?
Medicare is not paid out of Social Security. The two are funded by different payroll taxes.
What is social security and Medicare?
The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax.
