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The Balance: Learn About Fica, Social Security, and Medicare Taxes ArticleThe Balance: Learn About Fica, Social Security, and Medicare Taxes Article
Publisher
The Balance
Resource Details
Curator Rating
Educator Rating
Not yet Rated
Grade
9th - 10th
Subjects
Social Studies & History
2 more...
Resource Type
Articles
Audiences
For Student Use
2 more...
Lexile Measures
0L
Article

The Balance: Learn About Fica, Social Security, and Medicare Taxes

Curated by ACT

Without understanding FICA, many high school students who begin working are shocked when they get their first paychecks. This article clearly explains these payroll taxes and what they mean for both employees and employers.

3 Views 1 Download

Concepts

medicare, social security

Additional Tags

fica, federal insurance contributions act, payroll tax, fica tax (social security and medicare)

Classroom Considerations

  • Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)

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