Medicare is financed by Social Security Administration. So, taxpayers fund in Medicare by paying 1.45% of their earning into Federal Insurance Contributions Act. (FICA). And employers bring 1.45%. if your self-employed, you have to pay 2.9%.
Medicare is financed by Social Security Administration. So, taxpayers fund in Medicare by paying 1.45% of their earning into Federal Insurance Contributions Act. (FICA). And employers bring 1.45%. if your self-employed, you have to pay 2.9%.