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Federal Insurance Contributions Act

Meaning of "Federal Insurance Contributions Act" in the English dictionary

DICTIONARY

PRONUNCIATION OF FEDERAL INSURANCE CONTRIBUTIONS ACT

ˈfɛdərəl ɪnˈʃʊərəns ˌkɒntrɪˈbjuːʃənz ækt


GRAMMATICAL CATEGORY OF FEDERAL INSURANCE CONTRIBUTIONS ACT

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Federal Insurance Contributions Act is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES FEDERAL INSURANCE CONTRIBUTIONS ACT MEAN IN ENGLISH?

Federal Insurance Contributions Act tax

Federal Insurance Contributions Act tax /ˈfaɪkə/ is a United States federal payroll tax imposed on both employees and employers to fund Social Security and Medicare —federal programs that provide benefits for retirees, the disabled, and children of deceased workers. The tax also provides funds to the health care system for institutions that provide healthcare for workers that do not have health insurance and can not afford healthcare treatment. Social Security benefits include old-age, survivors, and disability insurance; Medicare provides hospital insurance benefits for the elderly. The amount that one pays in payroll taxes throughout one's working career is associated indirectly with the social security benefits annuity that one receives as a retiree. This has caused some to claim that the payroll tax is not a tax because its collection is tied to a benefit. The United States Supreme Court decided in Flemming v. Nestor that no one has an accrued property right to benefits from Social Security. The Federal Insurance Contributions Act is currently codified at Title 26, Subtitle C, Chapter 21 of the United States Code.

Definition of Federal Insurance Contributions Act in the English dictionary

The definition of Federal Insurance Contributions Act in the dictionary is a law requiring that employees and employers alike contribute towards the cost of Social Security and Medicare.

WORDS THAT RHYME WITH FEDERAL INSURANCE CONTRIBUTIONS ACT

abstract · act · attract · backed · compact · contact · contract · cracked · exact · extract · fact · impact · intact · interact · packed · pact · react · stacked · tracked · tract

WORDS THAT BEGIN LIKE FEDERAL INSURANCE CONTRIBUTIONS ACT

Federal Aviation Administration · Federal Bureau of Investigation · Federal Bureau of Prisons · Federal Capital Territory · Federal Communications Commission · Federal court · federal crop insurance · federal district · Federal Government · federal holiday · Federal Housing Administration · federal land bank · Federal Maritime Board · Federal Party · Federal Republic of Germany · Federal Republic of Yugoslavia · Federal Reserve Bank · Federal Reserve note · Federal Reserve System

WORDS THAT END LIKE FEDERAL INSURANCE CONTRIBUTIONS ACT

Companies Act · Data Protection Act · Freedom of Information Act · Homestead Act · Obscene Publications Act · Official Secrets Act · Privacy Act · Reform Act · Riot Act · Stamp Act · Test Act · Trade Descriptions Act · Trades Descriptions Act

Synonyms and antonyms of Federal Insurance Contributions Act in the English dictionary of synonyms

SYNONYMS

Translation of «Federal Insurance Contributions Act» into 25 languages

TRANSLATOR

TRANSLATION OF FEDERAL INSURANCE CONTRIBUTIONS ACT

Find out the translation of Federal Insurance Contributions Act to 25 languages with our English multilingual translator.

The translations of Federal Insurance Contributions Act from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «Federal Insurance Contributions Act» in English.
zh

Translator English - Chinese

联邦社会保险捐款法
1,325 millions of speakers
es

Translator English - Spanish

Ley de Contribución al Seguro Federal
570 millions of speakers
en

English

Federal Insurance Contributions Act
510 millions of speakers
hi

Translator English - Hindi

संघीय बीमा योगदान अधिनियम
380 millions of speakers
ar

Translator English - Arabic

قانون اشتراكات التأمين الاتحادية
280 millions of speakers
ru

Translator English - Russian

Закон Взносы Федеральной службы страхового
278 millions of speakers
pt

Translator English - Portuguese

Lei de contribuições para a Segurança Federal
270 millions of speakers
bn

Translator English - Bengali

ফেডারেল ইনসিওরেন্স অবদান অ্যাক্ট
260 millions of speakers
fr

Translator English - French

Loi Federal Insurance Contributions
220 millions of speakers
ms

Translator English - Malay

Akta Sumbangan Insurans Persekutuan
190 millions of speakers
de

Translator English - German

Bundesversicherungs Beiträge Gesetz
180 millions of speakers
ja

Translator English - Japanese

連邦保険拠出法
130 millions of speakers
ko

Translator English - Korean

연방 보험 기여 법
85 millions of speakers
jv

Translator English - Javanese

Undhang-undhang Federal Insurance Insurance
85 millions of speakers
vi

Translator English - Vietnamese

Đạo luật đóng góp bảo hiểm liên bang
80 millions of speakers
ta

Translator English - Tamil

மத்திய காப்புறுதி பங்களிப்பு சட்டம்
75 millions of speakers
mr

Translator English - Marathi

फेडरल विमा योगदान कायदा
75 millions of speakers
tr

Translator English - Turkish

Federal Sigorta Katkı Yasası
70 millions of speakers
it

Translator English - Italian

Federale di assicurazione Contributi Legge
65 millions of speakers
pl

Translator English - Polish

Federalna Ustawa Składki ubezpieczeniowe
50 millions of speakers
uk

Translator English - Ukrainian

Закон Внески Федеральної служби страхового
40 millions of speakers
ro

Translator English - Romanian

Contribuțiile de asigurări Legea federală
30 millions of speakers
el

Translator English - Greek

Ομοσπονδιακός νόμος για την ασφάλιση Συνεισφορές
15 millions of speakers
af

Translator English - Afrikaans

Wet Federal Insurance Bydraes
14 millions of speakers
sv

Translator English - Swedish

Federal avgiftslagen
10 millions of speakers
no

Translator English - Norwegian

Federal Insurance Bidrag Act
5 millions of speakers

Trends of use of Federal Insurance Contributions Act

TRENDS

TENDENCIES OF USE OF THE TERM «FEDERAL INSURANCE CONTRIBUTIONS ACT»

Principal search tendencies and common uses of Federal Insurance Contributions Act
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «Federal Insurance Contributions Act».

Examples of use in the English literature, quotes and news about Federal Insurance Contributions Act

EXAMPLES

10 ENGLISH BOOKS RELATING TO «FEDERAL INSURANCE CONTRIBUTIONS ACT»

Discover the use of Federal Insurance Contributions Act in the following bibliographical selection. Books relating to Federal Insurance Contributions Act and brief extracts from same to provide context of its use in English literature.
1
The Code of Federal Regulations of the United States of America
If an employer collects from an employee more than the correct amount of employee tax under the Federal Insurance Contributions Act or the Railroad Retirement Act, and the error is ascertained within the applicable period of limitation on ...
Internal Revenue Service, 1997
2
12 CFR Banks and Banking: CFR Parts 220-229
... considered discriminatory within the meaning of section 401(a)(3)(B) merely because all employees whose entire annual remuneration constitutes ''wages'' under section 3121(a)(1) (for purposes of the Federal Insurance Contributions Act, ...
Office of The Federal Register, 2013
3
Code of Federal Regulations, Title 26, Internal Revenue, PT. ...
31.6302-1 Federal tax deposit rules for withheld income taxes and taxes under the Federal Insurance Contributions Act (FICA) attributable to payments made after December 31, 1992. 31.6302-lT Federal tax deposit rules for withheld income ...
Office of the Federal Register (U S ), 2009
4
Code of Federal Regulations, Title 26, Internal Revenue, PT. ...
Under these assumptions, the maximum old-age, survivors, and disability insurance benefits which may be attributed to employer contributions under the Federal Insurance Contributions Act is an amount equal to 35 percent of the earnings on ...
Office of the Federal Register (U S ), 2009
5
Internal Revenue Cumulative Bulletin 2008-1, January-June
§31 .6302-1 Federal tax deposit rules for withheld income taxes and taxes under the Federal Insurance Contributions Act (FICA) attributable to payments made after December 3 1 , 1992. (c) (7) Exception to the monthly and semi- weekly ...
Internal Revenue Service (U S ), 2010
6
Wiley CPA Exam Review 2013, Regulation
Antitrust. Overview Issues on this topic are based on the Workers' Compensation Laws and Federal Social Security Rules including the Federal Insurance Contributions Act (FICA) and the Federal Unemployment Tax Act (FUTA). These laws ...
O. Ray Whittington, 2012
7
Wiley CPA Examination Review, Outlines and Study Guides
Antitrust. Overview Issues on this topic are based on the Workers' Compensation Laws and Federal Social Security Rules including the Federal Insurance Contributions Act (FICA) and the Federal Unemployment Tax Act (FUTA). These laws ...
Patrick R. Delaney, O. Ray Whittington, 2012
8
L.S.A., List of C.F.R. Sections Affected
31.6302(c)—1 Use of Government depositories in connection with taxes under Federal Insurance Contributions Act and income tax withheld for amounts attributable to payments made before January 1. 1993. 3l.6302(c)—2 Use of Government ...
9
Regulation: Usiness Law & Professional Responsibiltiy / ...
Which of the following types of income is subject to taxation under the provisions of the Federal Insurance Contributions Act (FICA)? a. Interest earned on municipal bonds. b. Capital gains of $3,000. c. Car received as a productivity award. d.
Joseph R. Lanciano, Michael F. Farrell, Arthur E. Reed, 2007
10
Income Tax Regulations (Winter 2009 Edition)
Under these assumptions, the maximum old-age, survivors, and disability insurance benefits which may be attributed to employer contributions under the Federal Insurance Contributions Act is an amount equal to 35 percent of the earnings on ...
CCH Tax Law Editors, Cch, 2008

10 NEWS ITEMS WHICH INCLUDE THE TERM «FEDERAL INSURANCE CONTRIBUTIONS ACT»

Find out what the national and international press are talking about and how the term Federal Insurance Contributions Act is used in the context of the following news items.
1
Here's the text of Governor Bentley's Special Session proclamation …
Legislation to amend the individual income tax deduction for taxes paid under the Federal Insurance Contributions Act (FICA) allowed under ... «Yellowhammer News, Jul 15»
2
North Providence, firefighters reach new 3-year deal
... an additional 24 percent on the higher salary for pension contributions, 7.65 percent more for Federal Insurance Contributions Act (FICA) tax, ... «Valley Breeze, Jul 15»
3
Paul takes long view of election
Paul is proposing rolling the Federal Insurance Contributions Act, or FICA, into the business tax. For those making $40,000 a year or less and ... «Quad City Times, Jul 15»
4
Rand Paul talks taxes in Reno
... would get rid of the (Federal Insurance Contributions Act) payroll tax," Paul said. "And the payroll tax would become part of the business tax. «Reno Gazette Journal, Jun 15»
5
Denver lands United Airlines global pilot training operations
The Job Growth Incentive Tax Credit is equal to 50 percent of the company's 7.65 percent Federal Insurance Contributions Act tax on net job ... «The Denver Post, Jun 15»
6
PCMH system faces cuts
... and Medicare through FICA, the Federal Insurance Contributions Act). PCMH employs about 300 of the total county workforce of about 500. «The Fort Stockton Pioneer, Jun 15»
7
Vail Daily column: Now that you're 18 ...
FICA stands for the Federal Insurance Contributions Act which is the formal name for Social Security. FICA is a payroll tax that provides ... «Vail Daily News, Jun 15»
8
For Those Seeking a Low-Tax Haven, Guernsey May Fit the Bill
... is that the government intercepts more than 12 percent of their paychecks through the Federal Insurance Contributions Act (FICA) payroll tax." «Newsmax, Jun 15»
9
BOE approves budget
... middle school band positions was finding out that an overpayment had been made for Federal Insurance Contributions Act taxes, or FICA. «Effingham Herald, Jun 15»
10
Why You Should Hire Your Kids This Summer
This is the dreaded Federal Unmployment Tax Act (FUTA), State Unemployment Tax Act (SUTA), and Federal Insurance Contributions Act ... «Yahoo! Maktoob News, Jun 15»
REFERENCE
« EDUCALINGO. Federal Insurance Contributions Act [online]. Available <https://educalingo.com/en/dic-en/federal-insurance-contributions-act>. May 2024 ».
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