Posts Tagged OASDI

OASDI Annual Payroll Limitation Increased for 2014

Do you know what has risen every year except three since 1971? The Social Security’s Old-Age, Survivors and Disability Insurance (OASDI) program contribution and benefit base. In every day terms, it’s the amount of an individual’s income that is taxable for Social Security. For 2014, that limit is now $117,000. (more…)

Posted in: Payroll, Payroll Processing, Payroll Taxes, Rules, Regulations and Laws

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