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For the characteristic curve in Figure 2, the equation IC = fiDCIB is true
FICA-OASDI
The Federal Insurance Contributions Act - Old Age, Survivors, and Disability Insurance, a payroll tax funding Social Security and Medicare in the U.S.
FICA-Medicare
The portion of the Federal Insurance Contributions Act tax that is designated to fund Medicare, the health insurance program for the elderly and certain disabled individuals.
Odd Years
Years that are not evenly divisible by two, indicating an odd number as the final digit.
W-3
A tax form used in the United States that summarizes the total wages paid and taxes withheld for all employees of a company.
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