Question

Olivia’s employer deducts an amount from her paycheck for the Medicare program. What type of withholding is being deducted from Olivia’s paycheck?

A) tax exemption
B) local withholding
C) state withholding
D) Social Security withholding

Answer 1

The answer would be D) Social Security Withholding

Answer 2

D) Social Security withholding
Medicare is a federal health insurance program for US citizens who are 65 years of age and older. Certain younger people with physical disabilities are also eligible for Medicare. However, the program doesn’t cover the entire cost of medical treatment.