From which source do most retirees receive most of their retirement income?

Bob's debit card was stolen on Wednesday. He notifies his bank of the theft the following morning. Meanwhile, the thief has used his card to purchase $800 worth of goods and services

Based on this scenario, which of the following is true of the Electronic Fund Transfer Act? A) Bob is liable for $50 of the $800. B) Bob is liable for $300 of the $800. C) Bob is liable for $500 of the $800. D) Bob is liable for the whole amount.

Which statement is not true of Social Security taxes?

A) There is an annually determined limit on the income that is subject to social security taxes. B) They must also be paid by self-employed individuals. C) They cannot be deducted as an itemized expense on your individual income tax return. D) They have a progressive rate structure similar to that of the personal income tax.