Examples of FICA in a sentence
The following fringe benefits are included in the fringe benefit rate: FICA, UNEMPLOYMENT INSURANCE (SELF INSURED), WORKERS COMPENSATION, GROUP LIFE AND HEALTH INSURANCE, PENSION PLAN, GROUP DISABILITY, AND DENTAL INSURANCE.
Each of the Partners shall comply with the requirements of FICA before being admitted as Partners in terms of clauses 3.
CONTRACTOR shall be responsible for and pay all taxes in connection with this contract including but not limited to FICA and Social Security directly to the appropriate governmental agencies.
ISAC will reimburse the county up to the $277 + the employers FICA tax.
For employees who are under age 55, and who, prior to their retirement, notify payroll in writing that they will be withdrawing their funds in cash and have received the cash distribution from the Bencor Special Pay Plan 401(a) account within 90 days of their retirement, the District will provide on a payroll check an additional amount equal to the difference between the tax penalty and the FICA savings.