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 LikeFederal Reserve Plans to Cut 10% of Its StaffMay 16, 2025US economyUS consumer sentiment sinks to second-lowest level on recordMay 16, 2025U.S. sanctions Hizballah financial networkMay 15, 2025US economyAnnual inflation rate hit 2.3% in April, less than expected and lowest since 2021May 13, 2025US economyUS monthly inflation rate slows amid Trump tariffsMay 13, 2025For Trump, It’s a New Era of Deal-Making With Tech’s Most-Coveted CommodityMay 12, 2025Recommended For YouSports‘He brought a non-league personality to the top’: Jamie Vardy prepares for farewell partyMay 17, 2025SportsFinanceBank of England should promise lower interest rates and see off Nigel Farage | Phillip InmanMay 17, 2025FinanceSportsLiverpool confirm first deal after Trent Alexander-Arnold transfer exitMay 17, 2025SportsMarketBidding war for surgery firm Assura heats upMay 17, 2025MarketautosJeep AvengerMay 17, 2025autos
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