Although some payroll deductions like IRS withholding may be refunded when you file your income tax return, there are others that don't come back to you. This is because the U.S. federal government uses some deductions to fund federal programs. The code Fed OASDI/EE on a paycheck indicates...
The Old Age, Survivors, and Disability Insurance (OASDI) program is the official name for Social Security in the United States. The federal OASDI tax noted on your paycheck funds this program that provides benefits to retired adults and people with disabilities—and to their spouses, dependents,...