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What does FICA stand for and what is it?

View More Other QuestionsPosted 4/12/10 at 3:21pm
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The Federal Insurance Contributions Act, or FICA, is a federal payroll tax that your employeer takes out of your paycheck to fund Social Security and Medicare.
Posted 4/13/10 at 7:10pmWas this answer helpful?   Yes / No
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