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Discuss why a bank may have to sacrifice yield to vary its duration gap.
FICA Taxes Withheld
The part of wages that are taken out for Social Security and Medicare, as required by the Federal Insurance Contributions Act.
FICA Taxes
Taxes collected from both employers and employees in the United States to fund Social Security and Medicare, consisting of both Social Security and Medicare taxes.
Supplemental Retirement
Additional retirement savings and income plans beyond standard pension arrangements, often offered to employees as part of their benefits package.
Employment Disability
A condition or situation where an individual is unable to work due to injury or illness, potentially affecting their income.
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