ANSWERS: 1
-
OASDI stands for Old-Age, Survivors and Disability Insurance, the main component of Social Security. A portion of your salary goes to support the program, and your employer generally pays the same amount into the tax pool. The federal withholding is mandatory.
Source:
Social Security: Contribution and Benefit Base
Resource:
Social Security Online
Copyright 2023, Wired Ivy, LLC

by 