(Answered) Question identify areas of employment law liability and

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Question: Identify areas of employment law liability and evaluate possible solutions to reduce your organization's liability.

Federal and state taxes are not 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. Watch the videos A Primer on Social Security and A Primer on the FICA Tax located in this week's M.U.S.E. to get a better understanding of both FICA and Social Security.

The links of the videos are attached in file.

Please respond to the following questions:

• 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 programs?

• What would be considered an example of fiduciary responsibility under ERISA?

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