FICA

or F.I.C.A.

[ fahy-kuh, fee- ]
/ ˈfaɪ kə, ˈfi- /

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

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Cultural definitions for fica

FICA
[ (feye-kuh) ]

An acronym for Federal Insurance Contributions Act. FICA taxes are deducted from the pay of most American workers to support Social Security programs.

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.