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Bart complied with his friends' request to join them in smashing decorative pumpkins early one Halloween evening.Later that night he was surprised by his own failure to resist their pressures to throw eggs at passing police cars.Bart's experience best illustrates
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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