Federal Insurance Contributions Act (FICA)- This is Social Security Tax. FICA consists of Social Security (supplemental retirement income) payroll tax and a Medicare (hospital insurance) tax. The tax is levied on employers, employees, and certain self-employed individuals. On some pay stubs it may be listed as some form of Old Age Survivors and Disability Insurance (OASDI).
Courtoons THE BOOK is here!
3 years ago
No comments:
Post a Comment