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nadezda [96]
3 years ago
15

How is the Social Security Administration funded?

History
2 answers:
NeTakaya3 years ago
8 0

Answer:

C. both workers and companies

Explanation:

Correct on Edge 2021

PLEASE GIVE ME BRAINLIEST... Bye

Vedmedyk [2.9K]3 years ago
3 0

Answer:

A. Through federal grants and loans

Explanation:

Social Security is financed through a dedicated payroll tax. Employers and employees each pay 6.2 percent of wages up to the taxable , while the self-employed pay 12.4 percent. The payroll tax rates are set by law, and for OASI and DI, apply to earnings up to a certain amount.

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