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How does USAble Life report all withholdings (such as FICA and FIT)?

April 26, 2017FICA fit life report usable withholdings

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How does USAble Life report all withholdings (such as FICA and FIT)?

1 Answer

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10 Posted

All FICA and FIT withholdings on disability payments are deposited by USAble Life through the Federal Reserve System using USAble Life’s Federal Tax Identification number. These deposits are made on a biweekly basis to coincide with the frequency that disability income withholding reports are distributed.