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Definition of the Federal Insurance Contributions Act from the Oxford Advanced Learner's Dictionary

the Federal Insurance Contributions Act

 
/ðə ˌfedərəl ɪnˌʃʊərəns kɒntrɪˈbjuːʃnz ækt/,
 
/ðə ˌfedərəl ɪnˌʃɔːrəns kɒntrɪˈbjuːʃnz ækt/
 
/ðə ˌfedərəl ɪnˌʃʊrəns kɑːntrɪˈbjuːʃnz ækt/
(abbreviation FICA)
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  1. the US law by which money is taken directly from an employee's regular pay as a tax to fund social security
Check pronunciation: the Federal Insurance Contributions Act

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noun
 
 
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