FICA
The tax that funds the Social Security Administration. Almost all employees are subject to FICA which currently has a tax rate of 6.2% on the first $102,000 of eligible wages. The employer must match the tax in all cases.
The tax that funds the Social Security Administration. Almost all employees are subject to FICA which currently has a tax rate of 6.2% on the first $102,000 of eligible wages. The employer must match the tax in all cases.
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