Individuals who contribute to an insurance trust fund through payroll taxes are contributing to

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Payroll taxes that contribute to an insurance trust fund are typically used to fund social insurance programs, such as Social Security or Medicare. These programs provide benefits such as retirement income, disability insurance, and healthcare coverage to eligible individuals. However, they are not typically considered welfare assistance programs, as they are intended to provide support to individuals who have worked and contributed to the system.

Individuals Who Contribute to an Insurance Trust Fund Through Payroll