What Is OASDI Tax?
When you have ever looked at your paycheck and wondered why a piece of your money had disappeared, you might have seen a line on your paycheck that said OASDI tax. One of the most important constituents of the U.S. Social Security system is OASDI; the abbreviation means Old-Age, Survivors, and Disability Insurance. OASDI tax is compulsory payroll tax, which benefits millions of Americans...
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