Social Security
What is the Federal Insurance Contributions Act (FICA)?
The Federal Insurance Contributions Act, known as FICA, protects taxpayers through Social Security and Medicare. Your FICA tax helps fund that program.
Retirement Advice
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Tagged “Medicare Tax”
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Healthcare
What You Need to Know About the Medicare Surtax on Wages and Self-Employment Income
You may have to pay a Medicare surtax on your wages and self-employment income if you earn over a certain amount. Learn more about whether you may incur this Additional Medicare Tax.