Select the one term that best fits each definition.
-A federal tax paid for hospital insurance.
A) 401(k)
B) commission
C) direct deposit
D) electronic funds transfer
E) individual retirement account
F) Medicare tax
G) net pay
H) qualified retirement plan
I) Roth individual retirement account
J) social security tax
K) tax base
L) withholding allowance

Question

Quizplus · Accepted Answer

Medicare tax is a federal tax that is specifically designated for funding hospital insurance, which is part of the Medicare program.

Select the One Term That Best Fits Each Definition