Examlex
The __________ is a specific type of __________.
FICA
The Federal Insurance Contributions Act; a U.S. law that requires a deduction from paychecks to fund Social Security and Medicare benefits.
OASDI
The Old-Age, Survivors, and Disability Insurance program, part of the U.S. Social Security system, providing benefits to eligible retirees, their families, and the disabled.
Medicare
A federal health insurance program in the United States for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease.
Maximum Earnings Limits
The ceiling on the amount of earnings on which certain taxes or contributions, such as Social Security in the United States, are required.
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