QUESTION IMAGE
Question
question 1 of 10
fica deduction consists of ______.
a. pension and medicare
b. medicare and social security
c. income tax and health insurance
d. medicaid and social security
Brief Explanations
FICA (Federal Insurance Contributions Act) deduction is made up of Medicare tax and Social Security tax, which fund these respective programs. Option A's "pension" is incorrect, Option C's income tax and health insurance are not FICA components, and Option D's Medicaid is not part of FICA (Medicaid is funded differently). So B is correct.
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B. Medicare and Social Security