which step is the first one in the social security process?\no investment\no payout\no retirement\no payroll…
which step is the first one in the social security process?\no investment\no payout\no retirement\no payroll tax
Answer
Brief Explanations:
Social Security in the US is funded by payroll taxes. Workers pay these taxes during their working - years, which are then used for future payouts. Investment is part of how Social Security funds may be managed, and retirement is when payouts often occur. But the process starts with the collection of payroll taxes.
Answer:
payroll tax