Social security and affordable care act

Assignment Help Financial Management

Reference no: EM131888299

Insurance. Every working person contributes 7.65% of their paycheck (up to the 1st $118,500) and their employer matches the same. A self-employed person will contribute 15.3% of their pay up to $118,500. Under the Affordable Health Care Act, more commonly known as Obama Care, passed in 2009 and became law in 2010, everybody must have health insurance either privately, through their employer or through a federal or state run health exchange. If you do not have insurance, you will pay a fine. What are your general opinions of Social Security and the Affordable Care Act?

Reference no: EM131888299

Questions Cloud

Calculate the justified trailing and leading P-E multiples : Shareholders require a return of 12% on their investment. calculate the justified trailing and leading P/E multiples.

Change in price bond will experience in dollars : You believe that in one year, the yield to maturity will be 8.2 percent. What is the change in price the bond will experience in dollars?

Gas-powered and electric-powered forklift truck : Hollygan Co. must choose between gas-powered and an electric-powered forklift truck for moving materials in its factory.

What is the taxable equivalent yield on municipal bond : What's the taxable equivalent yield on a municipal bond with a yield to maturity of 4.9 percent for an investor in the 33 percent marginal tax bracket?

Social security and affordable care act : What are your general opinions of Social Security and the Affordable Care Act?

After charting your business on the business secret matrix : After charting your business on the business secret matrix you find the logical strategic focus for each was either hold or harvest.

About the effect of compounding period on the cash flow : What conclusion can you make about the effect of compounding period on the cash flow?

What is your first year payment : What is your first year's payment (rounded to the nearest dollar) if you expect to earn 8% annually on your savings?

Calculate each project payback period : Calculate each project's payback period. Compute the NPV of each project when the firm's cost of capital is 0%, 10%, and 20%.

User Account

All Pages