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Q: Are health insurance premiums exempt from fica tax?
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Related questions

Does congress pay into Medicare?

Members of Congress pay FICA/Medicare. They also pay health insurance premiums at rates comparable to the private sector.


If employee is exempt from FICA is employer also exempt from contributing to FICA for that employee?

Yes.


What does fica stand for?

Federal Insurance Contribution Act The word FICA stands for "Federal Insurance Contributions Act."


Is a child working for his father's corporation exempt from coverage under FICA?

true


What are the three main areas of social policy?

Three main areas of social policy is Social Security, Federal Insurance Contributions Act (FICA), and National Health Insurance.


What does FICA mean on a payroll check stub?

Federal Insurance Contributions Act (FICA) in other words, it is your Social Security Tax.


What does the government use fica tax for?

Old age survivors and disability insurance (FICA) is what pays the social security benefits and a part of the medicare insurance premium and other benefits that the SSA handles.


What does FICA ER on paycheck mean?

On a paycheck, FICA stands for Federal Insurance Contributions Act. FICA is the United States Federal employment tax that is imposed to fund Medicare and Social Security.


What does FICA stand for after a doctor's name?

Federal Insurance Contributions Act


Is FICA tax the same as the social security tax?

Yes, plus Medicare tax. FICA is the acronym for the Federal Insurance Contributions Act.


What is the purpose of a FICA tax?

A Fica tax has several different purposes that serve different people. A Fica tax serves to finance government educational programs and developmental projects. A Fica tax also provides those who are disabled and/or retired with insurance.


What is fica-med?

What's the meaning og "fica me" in spanish