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Ashley was working as a part-time employee in a private company and she received employer-sponsored health care.She has just been laid off.Under which act could she choose to continue receiving employer-sponsored health care insurance coverage?
Self-Employment Taxes
Taxes paid by self-employed individuals, covering Social Security and Medicare taxes, based on net earnings from self-employment.
Ceiling Amount
A maximum limit placed on the value, income, or other financial metric that can be used for calculations, such as determining eligibility for tax deductions or credits.
Multi-Part W-3
A comprehensive summary form submitted by employers to the IRS, detailing total earnings, tax withholdings, and other payroll information for employees.
Social Security Portion
The part of income that goes towards Social Security contributions, typically seen on payroll statements.
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