(Answered) Discussion broad400-600 wordsfederal and state taxes are

Management Studies

Discussion Broad

400-600 words

Federal and state taxes are nto the only items withheld from your paycheck. There are other options such as benefits, the Federal Insurance Contribution Act (FICA), the Employee Retirement Income Security Act (ERISA) and Social Security.

What role does Social Security play in employee retirement?

What is the relationship between FICA, ERISA, and Social Security?

What are some real world examples of retirement planning program?

What would be considered an example of fiduclary responsibility under ERISA?

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