FICA tax explained for nonresident aliens
The Federal Insurance Contributions Act (FICA) is the means by which social security and medicare are funded in the US.
FICA also provides benefits to children who have lost their working parents, widows and widowers, and disabled workers who qualify for benefits.
For self-employed people, there is an equivalent law called SECA (Self-employed Contributions Act).
Contributions to FICA are deducted from employee income. Many workers in the US will notice FICA being deducted from their income each time they receive their paycheck. Continue reading “FICA tax explained for nonresident aliens” »
