Social Security and Medicare

Front

Most of the beneficiaries for social security are _______________?

Back

Retired People

Front

Social Security replaces _______________ percent of the average wage earners income after retiring.

Back

40

Front

How many credits do you need to be eligible for retirement benefits? Options: 50 credits, 40 credits, 35 credits, 20 credits

Back

40 credits

Front

How old do you have to be to receive Medicare benefits?

Back

65

Front

Social Security helps in alleviating poverty in the elderly.

Back

True

Front

How is money raised for Social Security? Options: Income Tax, Payroll Tax, Dividend Tax, Healthcare Tax

Back

Payroll Tax

Front

The federal government program that helps individuals who are disabled or retired people and their families is called

Back

Social Security

Front

What is the name of the federal health insurance policy that provides medical benefits to persons 65 years or older?

Back

Medicare

Front

Social Security provides benefits for

Back

people of all ages

Front

Self-employed people

Back

must pay both employee's and the employers's share of the social security tax