Question

One possible solution to a diminishing Social Security payroll is to decrease the Social Security benefit by 13%. How

would such a decrease effect the benefits on a salary of $54,000?
a. Benefit would decrease by $1,404 annually.
b. Benefit would decrease by $7,020 annually.
Ć. Benefit would decrease by $8,640 annually.
d. Benefit would decrease by $15,660 annually.

Answer 1

The correct answer is B) Benefit would decrease by $7,020 annually.

Answer 2

the answer is B