Question

A portion of FICA that is paid to provide eligible retired workers and

disabled Americans with medical insurance."

A.Social Security tax

B.State Income tax

C.Federal Income tax

D.Medicare

Answer 1

D.Medicare

Step-by-step explanation:

Medicare tax is imposed on employed workers to cater for medicare expenses for people aged 65 years and above. The medicare tax also caters to younger persons and people living with disabilities who qualify under specific criteria.

Medicare is financed by the Federal government through the taxes collected from employers and employees.