Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the OASDI deduction on my check?

deduction OASDI
0
10 Posted

What is the OASDI deduction on my check?

0
10

OASDI (Old age, Survivors, and Disability Insurance) represents Social Security tax. The current rate is 6.2% and the wage base for 2000 is $76,200. This is a mandatory federal tax withholding.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123