Final answer:
FICA is a required, income-related deduction for Social Security and Medicare contributions in the U.S.
Explanation:
FICA (Federal Insurance Contributions Act) is a required deduction that includes Social Security and Medicare contributions. This deducts a percentage of income to fund these programs. While Health insurance may be essential, it is not a mandatory deduction like FICA.
Learn more about deductions for payroll contributions here:
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