You are in your twenties and your employer deducts money from each paycheck that goes to a fund for Social Security and Medicare. Who is most likely to benefit from the money taken from your paycheck for these programs?
A) Your parents will eventually receive the benefits.
B) As the employee, you will receive the benefits.
C) Your children will receive the benefits.
D) Your grandparents will eventually receive the benefits.

Question

Quizplus · Accepted Answer

Social Security and Medicare are primarily designed to provide benefits to current retirees and older adults, which often include your parents or grandparents.

You Are in Your Twenties and Your Employer Deducts Money