why iam I paying fed oasdi/ee and ny oasdi/ee isn't it the same thing
There are several tax deductions that appear on a payroll statement. These are FICA, which is Medicare and Social Security, along with income tax and OASDI. OASDI stands for old age, survivors, and disability insurance.
OASDI stands for old age, survivor and disability insurance. It is more commonly known as social security. This system has many subsections, from providing benefits for the elderly, sick or unable to work to providing basic medical care to everyone.
No, Social Security taxes are separate from income tax. There is no refund.
The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax.
why iam I paying fed oasdi/ee and ny oasdi/ee isn't it the same thing
For the year 2004 the maximum earnings subject to the 6.2% social security tax was 87,900. For the year 2004 the amount was 5449.80 maximum contribution amount to the OASDI program social security benefit program.
Social Security's Old-Age, Survivors, and Disability Insurance (OASDI) contributions are withheld from wages up to $106,800 in 2009.
maximum is the same in french as English but has a weird accent on it ( a bit like max-ee-mum )
If you've paid extra OASDI due to working for more than one employer and earning above the maximum subject to this tax, and you're filing Form 1040, you can report the excess on Line 69. It will be counted as additional taxes paid and will either increase your refund or offset a portion of the taxes you owe.
Air-ie Dispute: In the audiobook (approved by James Patterson) it's prononced Are-Ee (rhymes with starry), not Air-ee (rhymes with berry).
The courier tracking numbers starting with EE are often used by China. The letter E can signify economy. Such companies as UPS and FED-EX use this form of tracking.
OASDI stands for Old-Age, Survivors, and Disability Insurance. It is a federal program in the United States that provides financial support to retired individuals, survivors of deceased workers, and individuals with disabilities.
If your profit sharing plan allows for employee contributions, then those are capped at $16,500 for EE money. The total amount of contributions (ER and EE) is capped at $49,000 indexed for inflation.
1.45% is that part of OASDI representing your Medicare contribution, matched by your employer. When you have reached your Social Security maximum contribution or when for other reasons you no longer have to pay into Social Security but are still employed, your contribution will reduce from 7.65% to 1.45%.
The Federal Reserve is a central banking system belonging to the United States. The purpose of the Fed Reserve is to provide stab;e prices, maximum employment, and long-term interest rates.
OASDI and HI taxes