QuesHub > > > > ASK DETAIL

Who pays for Medicare 2024?

Isabella Thompson | 2023-05-20 14:33:08 | page views:1962
I'll answer
Earn 20 gold coins for an accepted answer.20 Earn 20 gold coins for an accepted answer.
40more

Isabella Gonzales

Studied at the University of Tokyo, Lives in Tokyo, Japan.
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 - which go toward Medicare. Employers pay another 1.45%, bringing the total to 2.9%.
2023-05-24 14:33:08

Oliver Johnson

QuesHub.com delivers expert answers and knowledge to you.
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 - which go toward Medicare. Employers pay another 1.45%, bringing the total to 2.9%.
ask:3,asku:1,askr:137,askz:21,askd:152,RedisW:0askR:3,askD:0 mz:hit,askU:0,askT:0askA:4