Only employers contribute under federal law to help pay for benefits that will partially make up for their employees' loss of income on retirement.

Name: Only employers contribute under federal law to help pay for benefits that will partially make up for their employees' loss of income on retirement.
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Question

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Both employers and employees contribute to Social Security, which provides retirement benefits, through payroll taxes under the Federal Insurance Contributions Act (FICA).

Only Employers Contribute Under Federal Law to Help Pay for Benefits