What Is Oasdi Withholding 2024 , What Is Oasdi Withholding 2024. The combined fica tax rate for 2024 is 7.65%—6.2% for social security (oasdi) and 1.45% for medicare (hospital insurance). Tax withholding is an essential piece of the payroll puzzle. As a result, in 2024 you’ll pay no more than $10,453 ($168,600 x 6.2%) in social security taxes. First, you should know that, unlike some payroll taxes, the oasdi withholding tax rate does not change based on your income. What Is Oasdi Withholding 2024 Images References : 2024
What Is Oasdi Withholding 2024. The combined fica tax rate for 2024 is 7.65%—6.2% for social security (oasdi) and 1.45% for medicare (hospital insurance). Tax withholding is an essential piece of the payroll puzzle. As a result, in 2024 you’ll pay no more than $10,453 ($168,600 x 6.2%) in social security taxes. First, you should know that, unlike some payroll taxes, the oasdi withholding tax rate does not change based on your income.