Articles about Friends – S01E04 – The One With George Stephanopoulos

Why Does Rachel Ask, “Who’s FICA” When She Receives Her Pay Check?


FICA stands forĀ Federal Insurance Contributions Act.
Anyone who earns income in the United States will have to pay a portion of that income to the United States government. One of the ways this happens is through FICA. Employee income is sets by the employer, and tax deductions happen only at the time of payment. This results in a pay check amount that’s lower than the simple math you might do in your head, when estimating your earnings.