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Fico- a corporation that invented a model used to create your credit score and commonly used by many institutions.
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∙ 12y ago
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Can you get a mortgage with a FICA score below 540?
Yes, there are always mortgages out there for people with low fica scores. However, the interest rate will be high.
What does the FICA deduction consists of?
The FICA deduction [since 1990] is 6.2% for employees and 6.2% for employers and is the principal funding source for Social Security benefits.
What is the difference between FICA and federal?
In short, FICA is for Social Security insurance contributions and only funds that. Federal is for income tax, which funds many things, but NOT your SS benefit.
What is the lowest FICA score possible?
The one which the Federal Government has.
What is the maximum fica in 2011?
The maximum FICA tax for 2011: Employer 7.65% SSI: Employee 4.20% Employer 6.20% MED: Employee 1.45% Employer 1.45% Income subject to SSI tax: $106,800 Employee $4,485.60 Employer $6,621.60
What is fica-med?
What's the meaning og "fica me" in spanish
Who pays FICA taxes?
employers pay the fica tax
What is the FICA withholding rate for 2011?
what is the FICA rate for 2011
What are two of programs that FICA funds?
Social Security and Medicare are funded by FICA
Do seniors over 65 have FICA deductions?
Yes, seniors over 65 who are still working are subject to FICA deductions (Social Security and Medicare taxes) on their wages. Once they start receiving Social Security benefits, they no longer have to pay the Social Security portion of FICA, but they still contribute to Medicare through payroll taxes.
What is the frequency of FICA and witholding depends on the amount taxes are due?
frequency of fica payments
If employee is exempt from FICA is employer also exempt from contributing to FICA for that employee?
Yes.
What is a purpose of a fica tax?
The fica is taken out of your paychecks and added to the Social Security fund.
Is fica taken out on short term disability?
why wasn't fica taken out of std checks
is their an age limit on who pays fica taxes?
is there an age limit on who pays fica taxes
What is the purpose of a FICA tax?
A Fica tax has several different purposes that serve different people. A Fica tax serves to finance government educational programs and developmental projects. A Fica tax also provides those who are disabled and/or retired with insurance.
What is FICA payable and fica Expense?
I am doing a certified payroll report and am not certain what they mean can someone tell me what they mean on the paystub of the employee, FICA, FEDERAL STATE TAX and SDI
