Federal Insurance Contributions Act

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:United_States_federal_law
gptkbp:abbreviation	gptkb:FICA
gptkbp:additionalTax	0.9% Medicare tax for high earners
gptkbp:appliesTo	gptkb:United_States employers employees
gptkbp:codifiedIn	gptkb:26_U.S.C._§_3101_et_seq.
gptkbp:compatibleWith	some religious groups certain nonresident aliens certain state and local government employees
gptkbp:dateEnacted	1935
gptkbp:enactedBy	gptkb:United_States_Congress
gptkbp:fundedBy	gptkb:Hospital_Insurance_Trust_Fund gptkb:Old-Age,_Survivors,_and_Disability_Insurance
gptkbp:notableCollection	gptkb:Internal_Revenue_Service
gptkbp:noWageBaseLimit	Medicare portion
gptkbp:partOf	gptkb:Social_Security_Act
gptkbp:purpose	fund Medicare fund Social Security
gptkbp:relatedTo	gptkb:Social_Security_Administration gptkb:Self-Employment_Contributions_Act gptkb:Medicare_Program
gptkbp:section	gptkb:Title_26_of_the_United_States_Code
gptkbp:subjectToWageBaseLimit	Social Security portion
gptkbp:taxStatus	gptkb:payroll_tax 1.45% for Medicare (employee) 1.45% for Medicare (employer) 6.2% for Social Security (employee) 6.2% for Social Security (employer)
gptkbp:bfsParent	gptkb:Old-Age,_Survivors,_and_Disability_Insurance gptkb:Social_Security_trust_fund
gptkbp:bfsLayer	5
https://www.w3.org/2000/01/rdf-schema#label	Federal Insurance Contributions Act