Withholding question?

Question

On a check stub, what does Fed OASDI/EE on a check stub mean? I know it's some type of tax but what?

Thought that was considered FICA.....

No way, the deduction was way more than 6.2%

Answer 1

That is your half (employEE) of social security "contributions"; you pay 6.2% as a payroll deduction, and your employer pays the other 6.2%.

**Update**
OASDI (Social Security) is part of FICA; the other part is Medicare, which is 1.45% of your gross pay. FICA is 7.65% total (6.2% SS, 1.45% Medicare) for EACH OF the employer and the employee (for a grand total of 15.3%). It is possible that the figure which is "way more" is actually the year-to-date (YTD) total, not just for your last paycheck.

Answer 2

"On a check stub, what does Fed OASDI/EE on a check stub mean? I know it's some type of tax but what?"

Social Security is being deducted from your salary, that is the Federal Old Age Survivors Disability Insurance Emplyee Employment Tax (Fed OASDI/EE). It should be your SS tax.

The SS tax rate that each worker pays is 6.2%, and your employer pays the same. The Medicare tax rate we all pay is 1.45%.

"Thought that was considered FICA.....
No way, the deduction was way more than 6.2%"

Are you using the total earning or the net pay?
For instance, you are pay $1000 per week.
The net pay could be only $600 per weeks after all the taxes taking out.

If the pay roll deduct more than they should, you should tell them immediately. There are some instances the companies cheat on the employees.

Answer 3

Essentially. Both are rather extreme and pathetic forms of manipulation, and are signs of a strongly dysfunctional relationship that should be ended immediately. It's kind of silly to say that not giving someone money is the same as threatening their life - if this was true, most business bosses would be sitting in prison for lots and lots of counts of attempted murder for firing employees and putting conditions on their employment. In reality, withholding money and sex are things commonly done by petty people in relationships that they shouldn't be in, and while both can be frustrating, neither is tantamount to some sort of crime.