Social Security and Medicare — Unit test Answers

Which is a guaranteed benefit available to non-exempt full-time employees?

Which is a guaranteed benefit offered to salaried employees?

Which describes a set amount of pay received by a worker over the course of a year?

One possible solution to a diminishing Social Security payroll is to increase the Social Security tax by 1.89%. How would such an increase effect the tax on an annual salary of $54,000?