FICA = social security taxes. FICO is your credit score. There is no way to tell how many points your score will go down. With a low of 529 your score may tumble less than someone with a much higher score pre-bankruptcy.
what is the FICA rate for 2011
employers pay the fica tax
Social Security and Medicare are funded by FICA
frequency of fica payments
Yes.
The fica is taken out of your paychecks and added to the Social Security fund.
is there an age limit on who pays fica taxes
why wasn't fica taken out of std checks
No, you do not pay FICA taxes on 401(k) distributions.
No, you do not pay FICA taxes on 401(k) withdrawals.
No, FICA taxes are not deducted from 401(k) contributions.
A Fica tax has several different purposes that serve different people. A Fica tax serves to finance government educational programs and developmental projects. A Fica tax also provides those who are disabled and/or retired with insurance.