Unformatted text preview: from his check this pay period for Social Security and Medicare? SS:_________ Medicare:_________ 4. John earns $30,000 annually. The annual cost of medical insurance coverage is $4500. His company will pay 65% of the cost. How much is John responsible for each year? Medical insurance cost:_________ 5. Rea’s annual gross salary is $52,000. The annual cost of medical insurance is $3600 and dental insurance is $900. The company pays 80% for medical and 55% for dental. How much is deducted from Rea’s check each week for medical and dental? TOTAL insurance cost:__________...
View Full Document
- Summer '06
- Federal Insurance Contributions Act tax