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NO you do not have any choice about this INSURANCE program.
FICA stands for "Federal Insurance Contributions Act." It's the tax withheld from your salary or self-employment income that funds the Social Security and Medicare programs.
The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax for social security benefits (SSB or SSDI). All mean the same thing.
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Do members of congress pay FICA taxes?

Do members of congress pay FICA taxes?

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What is the current FICA tax rate?

The current FICA rate is 12.4%. Employees have 6.2% of their gross  pay withheld each pay period, and the other 6.2% is matched by the  employer. Self-employed individuals m

Do you pay fica tax on pension?

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What is FICA and what is FIT in tax language?

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What is the purpose if a FICA tax?

What is the purpose if a FICA tax?

FICA stands for Federal Insurance Contributions Act! It's a tax that employers take out of employees' pay check for social security benefits for the elderly, disabled, the ret

What do FICA taxes pay for?

The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax. Go to the SSA.gov SOCIAL SECURITY ONLINE web site
What is the maximum fica tax for 2011?

What is the maximum fica tax for 2011?

The maximum FICA tax for 2011: Employee 5.65% Employer 7.65% SSI: Employee 4.20% Employer 6.20% MED: Employee 1.45% Employer 1.45% Income subject to SSI tax:

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It provides health insurance for people who are retired or disabled. It helps the state government finance education projects. It helps local councils finance development

Who pays FICA taxes?

employers pay the fica tax

What is the fica taxes for 2010?

Still 6.2% for both employer & employee. Actually, that 6.2% is just for the social security tax portion of FICA. FICA consists of social security and medicare. The total FIC
What is al fica tax?

What is al fica tax?

al fica tax????? US FICA tax is OASDI (FICA) (social security and Medicare taxes) all mean the same tax. For the year 2009 and 2010 the maximum social security contribution