What Does OASDI/EE Stand For? The acronym Fed OASDI EE stands for Federal Old Age Survivors and Disability Insurance Employee Expense, which refers to a tax for Social Security. All workers are required to contribute to Social Security by paying this tax in order to be eligible for benefits ...
If you're employed, you may notice a line on your pay stub for Social Security, FICA, or OASDI. These all relate to the same Social Security Tax you must pay and are separate from your federal income tax. The government collects this money to fund the benefits you will eventually receive...
What does “on time” mean when it comes to payroll taxes? When you register your business with the IRS and other tax authorities, they’ll provide a specific schedule based on the size of your company and the amount of your tax liability. Sticking hard and fast to this schedule is the...
16 Things to Do When You're Deep in Debt Almost everyone who earns money has to pay the OASDI tax, so familiarize yourself with it now. Geoff WilliamsMarch 28, 2025 What Is the OASDI Tax? Filing closer to April 15 will give you time to collect tax documents and ...