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LiRa [457]
3 years ago
13

FICA deductions consist of

Mathematics
2 answers:
Westkost [7]3 years ago
8 0
Medicare
Social Security
Health Insurance
Irina18 [472]3 years ago
6 0
<h2>Answer:</h2>

Medicare and social security.

Step-by-step explanation:

FICA stands for Federal Insurance Contributions Act. It is a federal tax and a mandatory tax that has to be withheld from each paycheck.

The FICA covers Social Security retirement and Medicare benefits or commonly known as hospital insurance.

The current percent of deductions are 6.2% for Social Security and 1.45% for Medicare, totaling to 7.65%.

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