enriquearias3738 enriquearias3738
  • 19-01-2022
  • Social Studies
contestada

The mandatory payroll deduction that includes Social Security and Medicare

is referred to as

A. 401(k)

B. 501(c)(3)

C. state withholding

OD. FICA

Respuesta :

Parrain
Parrain Parrain
  • 26-01-2022

The mandatory reduction from salaries for Social Security and Medicare is called D. FICA.

What is FICA?

  • It stands for Federal Insurance Contributions Act.
  • It includes Social Security and Medicare.

FICA taxes help the federal government provide social security benefits and medical assistance to all Americans and so is hugely important.

In conclusion, option D is correct.

Find out more on FICA at https://brainly.com/question/2288869.

Answer Link

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