The OASDI tax funds Social Security. It stands for Old-Age, Survivor and Disability Insurance. It’s better known as the Social Security Tax, and is one of the two FICA (Federal Insurance Contributions ...

Everyone knows that taxes come out of their paychecks, but exactly why the taxes are removed may be less clear. For instance, the OASDI or OASDI/EE tax listed on a pay stub is not a tax one hears ...

There are a lot of things that come out of your paycheck before you ever see it. State and federal income taxes are withheld, and you may be paying for benefits like health insurance or 401(k) ...