Which Statement Is NOT True

question 255

Multiple Choice

Which statement is NOT true?

• A) In 2013 the payroll tax was 12.4% of wage earnings up to a maximum of $113,700.
• B) If you retire at age 67,you will get larger monthly Social Security checks than if you retire before then.
• C) The money you contribute to FICA is yours,to be given back to you when you retire.
• D) Your Social Security benefits are determined by a formula based strictly on your lifetime contributions.

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Definitions:

Occupational Safety

The practice of ensuring that work environments are safe and healthy, preventing harm to employees.

OSHA Standards

Regulations and guidelines set by the Occupational Safety and Health Administration aimed at ensuring safe and healthy working conditions for employees in the United States.

Safety Equipment

Devices or garments designed to protect individuals from harm or injury in various settings.

Publishing Company

A company that specializes in the production and distribution of books, magazines, digital content, and other types of media.