The Scoop on Social Security 4 Teens

FICA Taxes (Federal Insurance Contributions Act)

Don’t worry. You’re going to get it back.

Do you ever wonder where the FICA deduction from your paycheck goes?

The 7.65 percent goes into the social security funds.  Your employer matches that amount.

You can get it back, if you become disabled or reach retirement age.

If you die, your survivors may be eligible to receive the money.

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  • FICA tax taken from your paycheck comes back later.