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Taxes Archives - Page 2 of 2 - Max Out of Pocket

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Category: Taxes

Medicare FICA: Tax or Premium?

Max Out of Pocket has a question for you. Do you have any clue how much you pay into the Medicare program out of every paycheck? I mean come on, what else do you have to worry about on a Saturday afternoon?   Well, a big piece of the answer is in your FICA (Federal Insurance Contributions Act) payroll taxes. It is an important concept to understand before we get too far into your domination...


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