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 economyGoldman on the UK gilt selloffJanuary 10, 2025US economyTrump could declare national economic emergency to justify universal tariffs, CNN reportsJanuary 8, 2025How Deep Is the Wound to the Democratic Party?January 7, 2025US economyDonald Trump denies he will pare back aggressive tariffs planJanuary 6, 2025US economyThe day friendshoring diedJanuary 6, 2025US economyGoldman Sachs is out with 7 macro global predictions for 2025January 5, 2025Recommended For YouSportsArne Slot responds to Khvicha Kvaratskhelia transfer links with honest admissionJanuary 10, 2025SportsMarketUK government borrowing costs hover near 16-year highJanuary 10, 2025MarketUS economyGoldman on the UK gilt selloffJanuary 10, 2025US economyFinanceIndia shares lower at close of trade; Nifty 50 down 0.38%January 10, 2025FinancefundSterling falls more, Deutsche Bank recommends sellingJanuary 10, 2025fund
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