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FICA

or F.I.C.A.

[ fahy-kuh, fee- ]

  1. Federal Insurance Contributions Act: U.S. government legislation under which taxes are levied for the support of Social Security.


FICA

  1. An acronym for F ederal I nsurance C ontributions A ct. FICA taxes are deducted from the pay of most American workers to support Social Security programs.


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Example Sentences

Obama could say "I'll go with you on chained CPI, but let's raise the FICA tax cap."

It's now around $115,000 (that is, FICA taxes are taken out only of wages up to that level).

I say, as I've said before, that Obama should put on the table raising the cap on FICA taxes.

And even in less rancorous times, restructuring the FICA tax would be a gargantuan job.

I agree with Scroll Down from that other thread, who wants to lift the cap (right now around $108,000) on the FICA tax.

The mother-in-law greets the bride by making the sign mano in fica with her right hand.

A molher do almocreve Passa vida regalada Sem se importar se o marido Fica morto na estrada.

From this circumstance far la fica became a term of derision, and was adopted by other nations.

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-fic-fication