Which step is the first one in the social security process? a. investment b. payout c. retirement d. payroll tax

The correct answer is "payroll tax".

The Social Security process consists on creating a collective fund with contributions provided by employees, who pay a proportion of each of their payrolls as a tax. Therefore it constitutes the first step of the process.

Through this system, those who had contributed will be recipients of money from this fund in case they turn to be unemployed or in their retirement, provided they accomplish certain requisites.

Payroll tax

Explanation:

c.

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