Want this question answered?
Acceptance of Medicare has no effect on your eligibility for Social Security.
No! Both social security, medicare, and food stamps; are all forms of social welfare.
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.
Are the wages shown on my W-2, from the Office of Job Corps, taxable? There were no Federal or State income tax with holdings, only Social Security and Medicare.
Intragovernmental Holdings are Government Account Series (GAS) securities held by government trust funds, revolving funds and special funds; plus Federal Financing Bank securities. The Intragovernmental Holdings are primarily composed of the Medicare Trust Fund and Social Security Trust Fund.
It is your social security number
Medicare, like social security is a mandatory deduction.
social security adminisration
Social Security
Social security: 6.2%
The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax.
Medicare is not paid out of Social Security. The two are funded by different payroll taxes.