select the correct answer.\nwhat is the purpose of a fica tax?\na. it provides health insurance for people…
select the correct answer.\nwhat is the purpose of a fica tax?\na. it provides health insurance for people who are retired or disabled.\nb. it helps the state government finance education projects.\nc. it helps local councils finance development projects.
Answer
Brief Explanations:
FICA (Federal Insurance Contributions Act) tax funds Social - Security and Medicare. Medicare provides health insurance for retired or disabled people.
Answer:
A. It provides health insurance for people who are retired or disabled.