Under the Social Security Act, what is required of employers?

Employers are required under the Social Security Act to report and match payments for Social Security and Medicare. This mandates that employers not only withhold a portion of employees' wages for these programs but also contribute an equal amount from their own funds. The Social Security Act was established to provide a safety net for individuals through benefits related to retirement, disability, and healthcare in the form of Medicare. By ensuring that contributions are made, the program's sustainability and the provision of benefits for future retirees are supported.

In contrast, the other options do not fall under the requirements of the Social Security Act. Health insurance provisions may be influenced by other legislation, such as the Affordable Care Act, while managing retirement funds typically falls under different regulations governing pension plans. Job security for employees is not a requirement specified by the Social Security Act, but rather may be related to labor laws and organizational policy. Hence, the focus of the Social Security Act is on ensuring the financial support systems established for Social Security and Medicare through proper employer contribution protocols.