MN State Insurance Exam All Answers Correct
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MN State Insurance Exam All Answers Correct 
FICA Taxes 
How are employee FICA taxes collected? Options: a. The employee withholds the tax and pays it along 
with the employer's portion; b. The employer withholds the tax and pays it only; c. The employee pays 
the tax separately; d. The employer pays the tax only 
Answer: a. The employee withholds the tax and pays it along with the employer's portion; 
Insurance Premiums 
What is the adequate consideration for a monthly premium payment ...
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MN State Insurance Exam All Answers Correct 
FICA Taxes 
How are employee FICA taxes collected? Options: a. The employee withholds the tax and pays it along 
with the employer's portion; b. The employer withholds the tax and pays it only; c. The employee pays 
the tax separately; d. The employer pays the tax only 
Answer: a. The employee withholds the tax and pays it along with the employer's portion; 
Insurance Premiums 
What is the adequate consideration for a monthly premium payment ...