1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
8090 [49]
3 years ago
7

Please help What does FICA stand for, and how are FICA taxes collected used?

Business
1 answer:
Fofino [41]3 years ago
6 0

<u>Answer:</u> FICA stands for Federal Insurance Contributions Act.

<u>Explanation:</u>

FICA taxes are collected by the government through the employee's paycheck. This amount is utilized towards the senior citizens benefit in America. the fund goes towards the social security retirement and medicare benefits.

This is a mandatory tax deducted from paycheck. The employers and the employees both have to pay these taxes compulsorily. FICA taxes are also used towards widow, widowers, disabled employees and for kids whose  parents have lost jobs. Throughout the career of the employee he pays FICA which he receives on retirement.

You might be interested in
opportunities that allow students to give back to their community and that have a set of learning objectives attached are know a
Mice21 [21]

Answer:

Service-learning opportunities

Explanation:

Service-learning is the learning which is referred to the learning which  actively comprise the students in a wide range of experiences and it often advantage others as well as the community.

Therefore, the opportunities which allow the students to give back to the community and the set of learning goals which are attached is known as the service-learning opportunities.

6 0
3 years ago
4. Describe and demonstrate some of the similarities and differences between principles and values​
o-na [289]

Answer: Values are qualities or standards that govern the behavior of a person and principles are rules or beliefs that govern our actions. The main difference between values and principles is that principles are based on a person's values. Thus, it is values that act as the foundation for principles.

Explanation:

8 0
3 years ago
Since the market return represents the expected return on an average stock, the market return reflects a certain amount of risk.
lawyer [7]
<span>the answer for this question is true</span>
7 0
3 years ago
The person who receives financial protection from a life insurance plan is called a: AGiver BBeneficiary CPayer DInsured
algol13
The correct answer is B. A Beneficiary
5 0
4 years ago
Terror management theory predicts, and has managed to show, that ______ is one of the most powerful buffers against death anxiet
Misha Larkins [42]

Terror management theory predicts, and has managed to show, that self Esteem is one of the most powerful buffers against death anxiety.

<h3>What is Terror Management Theory (TMT)?</h3>

A dual defensive paradigm that describes how people defend themselves against (possible) anxiety is called the Terror Management Theory (TMT).

TMT holds that a person's precise response will depend on whether their worries are conscious or unconscious.

The threat of concentrated attention is removed by proximal defenses, which combat conscious death obsession.

When this objective is attained, defense at a distance becomes the main strategy for defense.

To learn more about Terror Management Theory (TMT) from given link

brainly.com/question/28064616

#SPJ4

6 0
1 year ago
Other questions:
  • Suppose you have two credit cards. The first has a balance of $410 and a credit limit of $1,000. The second has a balance of $51
    6·2 answers
  • The exchange rate between the united states and japan is
    8·1 answer
  • There have been significant developments that have brought operations and supply change management to the forefront of the manag
    14·1 answer
  • Which of the following is important in determining the extent of competition in an industry?
    5·1 answer
  • Tierney Company begins operations on April 1. Information from job cost sheets shows the following.
    12·1 answer
  • What is sadness ??
    9·1 answer
  • Currently, Forever Flowers Inc. has a capital structure consisting of 20% debt and 80% equity. Forever's debt currently has an 7
    11·1 answer
  • The Federal Reserve helps protect people who borrow money to pay an expense by
    13·1 answer
  • The treasurer of Systems Company has accumulated the following budget information for the first two months of the coming year:Ma
    12·1 answer
  • If a buyer has a critical or more important use of the product then the inelasticity of the demand increases. what factor is aff
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!