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Science-Related Homework Help Mathematics Topic started by: reync89 on Mar 8, 2023



Title: Social Security and MedicareThe required deduction for Social Security is 6.2% OASDI (Old Age ...
Post by: reync89 on Mar 8, 2023
Social Security and Medicare

The required deduction for Social Security is 6.2% OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of $97,500 and 1.45% HI (Hospital Insurance, commonly known as "Medicare") for all earnings.


Refer to the Social Security and Medicare information. Enrique Marsh earns a monthly salary of $4,200. Compute the amount deducted over the period of a year for Social Security and Medicare.


Title: Re: Social Security and MedicareThe required deduction for Social Security is 6.2% OASDI (Old Age ...
Post by: shalasha on Mar 8, 2023
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