Everyone knows that taxes come out of their paychecks, but exactly why the taxes are removed may be less clear. For instance, the OASDI or OASDI/EE tax listed on a pay stub is not a tax one hears ...

If you’ve glanced at your pay stub or W-2 from your employer, you may be dismayed at the rundown of tax items dinging your take-home pay. The Old Age, Survivors, and Disability Insurance program ...