Asked by
Brady Llewellyn
on Oct 13, 2024
Verified
The maximum anyone had to pay in Social Security tax in 2009 was about ____.
A) $850
B) $6,620
C) $8,500
D) $17,000
Social Security Tax
Taxes collected from employees and employers to fund the Social Security program, which provides retirement, disability, and survivor benefits.
- Familiarize oneself with the economic elements of Social Security tax and how it affects individuals across different salary ranges.
Verified Answer
LM
Learning Objectives
- Familiarize oneself with the economic elements of Social Security tax and how it affects individuals across different salary ranges.