Advertisement

Advertisement

FICA

or F.I.C.A.

[ fahy-kuh, fee- ]

  1. Federal Insurance Contributions Act: U.S. government legislation under which taxes are levied for the support of Social Security.


FICA

  1. An acronym for F ederal I nsurance C ontributions A ct. FICA taxes are deducted from the pay of most American workers to support Social Security programs.


Advertisement

Advertisement

Advertisement

Advertisement