Federal Insurance Contributions Act
US federal payroll tax to fund Social Security and Medicare / From Wikipedia, the free encyclopedia
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"FICA" redirects here. For other uses, see FICA (disambiguation).
The Federal Insurance Contributions Act (FICA /ˈfaɪkə/) is a United States federal payroll (or employment) tax payable by both employees and employers to fund Social Security and Medicare[1]—federal programs that provide benefits for retirees, people with disabilities, and children of deceased workers.