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What does FICA consist of

User Jelhan
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2 Answers

11 votes
11 votes

Answer:

Social security(6.2%) and Medicare(1.45%)

User Ihatemash
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23 votes
23 votes

Answer:

FICA is one of the U.S. federal payroll tax

Explanation:

The Federal Insurance Contributions Act is a federal payroll contribution aimed at both workers and employers in the United States to help fund Social Security and Medicare, as well as other federal health-care programs for retirees, people with disabilities, and children of deceased workers.

User Tjallo
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