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What does FICA consist of

User MikeDub
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2 Answers

3 votes

Answer:

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

User Judge Mental
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4 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 Precastic
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