Examlex
Based on the following,which event should you be most concerned about?
FICA-OASDI
Stands for Federal Insurance Contributions Act - Old Age, Survivors, and Disability Insurance; it's a payroll tax that funds Social Security and Medicare in the United States.
FICA-Medicare
A portion of the Federal Insurance Contributions Act tax that funds Medicare, a federal health insurance program for people who are 65 or older and certain younger people with disabilities.
Net Pay
The amount of money an employee receives after deductions such as taxes and retirement contributions are subtracted from the gross pay.
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.
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