Every time you glance at your paycheck, you might notice a chunk of money disappearing before it even hits your bank account.

Are you confused or confounded about the money taken out of your paycheck every week? Wondering what Social Security and Medicare taxes have to do with you? Here’s what to know about U.S. federal ...

FICA taxes fund Social Security and Medicare, critical for retirees and Medicare recipients. Employees and employers each pay a 7.65% FICA rate; self-employed pay 15.3%. FICA's future challenges ...

Employees at U.S. businesses are required to pay what are known as FICA taxes, often referred to as payroll taxes. Your FICA taxes impact your final net pay and are determined by the amount of your ...