Which of the following statements about the financing of OASDI and Med

Which of the following statements about the financing of OASDI and Medicare is (are) true? I. There is a maximum taxable wage base for OASDI. II. There is a maximum taxable wage base for Part A of Medicare.

A) I only
B) II only
C) both I and II
D) neither I nor II

 

 

ANSWER

Answer: A

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