Discussion Board: Employment Law Issues
Length: 400-500 Words.
Statements substantiated by cited research,Citations and Reference entry present,Proper APA formatting required. No Grammar Errors. No Plagiarism. Please check prior to submitting. No Late work, must be submitted on time***
Assignment Description:
Primary Task Response: Write 400-500 words that respond to the following questions with your thoughts, ideas, and comments.
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.
Respond to the following questions:
1. What role does Social Security play in employee retirement?
2. What is the relationship between FICA, ERISA, and Social Security?
3. What are some real world examples of retirement planning programs?
4. What would be considered an example of fiduciary responsibility under ERISA?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.