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FICA Taxes Explained

Even though it’s the basis for one’s eventual Social Security benefits– retirement benefits, spousal benefits, survivor benefits, disability benefits, and so on–there are a few points relative to Federal Insurance Contributions Act (FICA) taxes that many folks do not fully understand. Freelance writer Ashley Donohoe, in a post today on, provides some background on what the tax is and how it helps determine your benefit availa ble from the Social Security System. Check it out here.

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