Social Security’s OASDI Program Increases Limits In 2012

According to the Social Security Online website, the Social Security’s Old-Age, Survivors, and Disability Insurance (OASDI) program limits for 2012 will be increased to $110,100.  This is a portion of the employment taxes charges to employers and employees alike often referred to as “FICA”. The OASDI tax rate for wages paid is set by statute […]