Examlex
Which of the following statements are true of full virtualization?
FICA Tax
Federal Insurance Contributions Act tax; a United States federal payroll (or employment) tax imposed on both employees and employers to fund Social Security and Medicare.
Federal Income Taxes
Federal income taxes are taxes levied by the national government on taxable income of individuals, corporations, trusts, and other legal entities.
Health Insurance Premium
The amount paid, often on a monthly basis, for health insurance coverage to the insurance provider.
Retirement Fund
A financial arrangement designed to replace employment income upon retirement, accumulated through contributions from employers, employees, or both.
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