Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
Federal and state taxes (State of California) are not the only items withheld from Green Branch Coffee employees’ paychecks. There are other items, such as benefits, the Federal Insurance Contribution Act (FICA), the Employee Retirement Income Security Act (ERISA), and Social Security.
Please respond to the following questions:
What role does Social Security play in employee retirement?
What is the relationship between FICA, ERISA, and Social Security? Include an example of fiduciary responsibility under ERISA.
Describe an example of a retirement planning program that could be implemented for Green Branch Coffee’s employees.
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