Fica for Dummies

Hey there! So, "Fica" is actually a really interesting word with a few different meanings. One way to think about it is as a verb that means "to stay" or "to remain" in Portuguese. It's like when you're having so much fun at a party that you just want to "fica" a little longer and keep enjoying yourself.

But "Fica" can also be an acronym that stands for the Federal Insurance Contributions Act, which is a United States law that requires employers to withhold a certain amount of money from their employees' paychecks to fund Social Security and Medicare. It's kind of like when you put money in a piggy bank to save for something really important, like taking care of yourself when you're older.

So, whether it's about staying somewhere or putting money aside for the future, "Fica" is all about holding on to something in one way or another. So, whether you're "fica-ing" at a party or dealing with your "Fica" deductions on your paycheck, it's all about staying put and making sure things are taken care of. Cool, right? Hope that helps!