Social Security Limit 2012 (OASDI limit) is: 110,100
OASDI Limit 2012
Social Security Limit 2012 (OASDI limit) is: 110,100
Federal Income Tax Tables for Percentage Method of Withholding
IRS asks employers start using the new social security rate as soon as possible in Year 2011 but not later than January 31, 2011
The following payroll tax rates tables are from IRS Publication 15. The tables include federal withholding for year 2011 (income tax), FICA tax, Medicare tax and FUTA taxes.
| Tax | Maximum Earnings | Rate |
| Social Security Tax | $106,800.00 | For employee: 4.20% (For employer: 6.2%) |
| Medicare | Unlimited | 1.45% |
Deductions per dependent: $3,700.00
OASDI Limit 2011
OASDI limits 2011 were not determined yet. We shall update this post as soon as the numbers come out.
Social Security Limit 2011 (OASDI limit) is: 106,800
OASDI 2011
Social Security Limit 2011 (OASDI limit) is: 106,800
OASDI FICA Rate 2011 will be known in the very beginning of 2011. We shall update this post with OASDI FICA maximum taxable income as soon as the numbers will come out.
What OASDI is for?
OASDI insures all workers and their families against these universal risks, while spreading the costs and benefits of that insurance protection among the entire workforce.
What does OASDI stand for?
OASDI – Old Age Survivors Disability Insurance
FICA Rate 2010
FICA Rate 2010: $106,800
Social Security (OASDI) Maximum Taxable Earnings 2010
Social Security (OASDI) Maximum Taxable Earnings 2010: $106,800
Because there is no COLA, by statute these OASDI maximum taxable remain unchanged (same as in 2009) in 2010.
Monthly Social Security and Supplemental Security Income (SSI) benefits
Monthly Social Security and Supplemental Security Income (SSI) benefits will not automatically increase in 2010 as there was no increase in the Consumer Price Index (CPI-W) from the third quarter of 2008 to the third quarter of 2009.
