Suzanna and Bill each earn $70,000 a year from their jobs. Kevin earns $140,000 a year at his job and his wife Debi does not work outside the home. What can be concluded about their Social Security?

Question

Quizplus · Accepted Answer

Suzanna and Bill each earn $70,000, which means they will pay Social Security taxes on a combined income of $140,000. Kevin earns $140,000 and will also pay Social Security taxes on that income. Since Debi does not work outside the home, they will not pay Social Security taxes on her income. Therefore, Suzanna and Bill pay more into Social Security than Kevin and Debi.

Suzanna and Bill Each Earn $70,000 a Year from Their