Connect with us

Finances

Medicare Tax: Five Things Every Worker Needs to Know

Published

on

Spread the love

Medicare, the federal health insurance program primarily for people 65 and older, is critical in providing millions of people in the United States with access to healthcare services. 

While many are familiar with Medicare coverage, understanding Medicare tax, which involves everything from mandatory payroll deductions to additional taxes for high earners, is equally important for all workers, including those who are self-employed.

Advertisement