Which of the following is true of Social Security but not Medicare?(1 point) Responses Money withheld from your paycheck is used to pay benefits to people who are collecting them now. Money withheld from your paycheck is used to pay benefits to people who are collecting them now. Participation in the program is mandatory. Participation in the program is mandatory. It provides benefits to people with disabilities. It provides benefits to people with disabilities. It pays benefits to retirees.
It provides benefits to people with disabilities and it pays benefits to retirees.
The correct answer is: It provides benefits to people with disabilities.
Social Security provides benefits to people with disabilities, while Medicare does not.
The correct response is: "It provides benefits to people with disabilities."
To determine which of the options is true only for Social Security but not Medicare, we need to examine each option individually.
1. "Money withheld from your paycheck is used to pay benefits to people who are collecting them now." - This is true for both Social Security and Medicare. Both programs use the money withheld from paychecks to provide benefits to current recipients.
2. "Participation in the program is mandatory." - This is true for both Social Security and Medicare. Both programs have mandatory participation for eligible individuals.
3. "It provides benefits to people with disabilities." - This statement is true only for Social Security. Social Security provides benefits to individuals with disabilities through the Supplemental Security Income (SSI) program, which offers financial assistance to disabled individuals who meet certain criteria.
4. "It pays benefits to retirees." - This statement is true for both Social Security and Medicare. Both programs provide benefits to retirees.
Therefore, the only statement that is true of Social Security but not Medicare is "It provides benefits to people with disabilities."