Business Fast > US economy > What is OASDI tax on my paycheck? Here's why you and your employer pay this federal tax US economyWhat is OASDI tax on my paycheck? Here's why you and your employer pay this federal taxJanuary 25, 2023posted on Jan. 25, 2023 at 8:25 pm OASDI stands for Old-Age, Survivors and Disability Insurance. Commonly known as Social Security, OASDI is the 6.2% tax taken out of your paycheck. READ SOURCE tweet Share on FacebookShare on TwitterShare on LinkedInShare on RedditMorebusinessfastJanuary 25, 2023previous articleStartups Gets Creative as VC Funding Dries Up – Bloombergnext articleShould the Strategic Petroleum Reserve Be Used Now?You Might Also LikeUS economyCan Saudi Arabia keep pace with its ambitious mega-project spending spree?November 25, 2024Trump Promised to Halve Energy Costs in 18 Months. Experts Have Doubts.November 23, 2024US economyUS will unveil new export restrictions on China, lobbying group saysNovember 22, 2024US economyWho wants to buy Chrome?November 22, 2024US economyNvidia's results, Adani's legal woes, Starbucks – what's moving marketsNovember 21, 2024US economyTrump advisers contemplating cuts to Medicaid and other welfare programsNovember 18, 2024Recommended For YouSportsMikel Arteta confirms surprise Champions League return for forgotten Arsenal manNovember 25, 2024SportsFinanceRachel Reeves says there will be no more tax increases on UK businessNovember 25, 2024FinanceSportsStags still getting used to League One – CloughNovember 25, 2024SportsMarketStock market update: Nifty Bank index 2.1%November 25, 2024MarketTechnologySalaries for quick commerce delivery execs higher than food delivery: reportNovember 25, 2024Technology
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