What role does Social Security play in emplotee 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?

400-600 wordsFederal 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 emplotee 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?