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 economyTrump 'an agent of chaos and confusion,' economists warn — but a U.S. recession isn't in the cards yetMarch 10, 2025Shaming Child-Free People Doesn’t Raise the BirthrateMarch 8, 2025US economyHow Trump’s dizzying jerks and jolts on tariffs are ‘freezing’ US businessMarch 8, 2025US economyUS economy undershoots expectations with 151,000 jobs created in FebruaryMarch 7, 2025ECB cuts interest rates by 25 basis points as expected, flags trade "uncertainty"March 6, 2025US economyPrivate employers added just 77,000 jobs in February, far below expectations, ADP saysMarch 5, 2025Recommended For YouPersonal FinanceDWP WASPI legal challenge update as response due todayMarch 10, 2025Personal FinanceMarketHealthcare landlord Assura's shares leap on £1.6bn takeover offerMarch 10, 2025MarketUS economyTrump 'an agent of chaos and confusion,' economists warn — but a U.S. recession isn't in the cards yetMarch 10, 2025US economyBitcoin strategic reserve a 'pivotal moment' despite drop, deVere's Green saysMarch 10, 2025CryptocurrencyTechnologyApple iPad Air M3 review: Mighty update keeps Apple's much-loved tablet on topMarch 10, 2025Technology
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