Oasdi Limit 2024 Maximum Age
Oasdi Limit 2024 Maximum Age. Known as the taxable limit, the oasdi limit places a cap on how much of your employees’ wages can be subject to oasdi taxes. Thus, an individual with wages equal to or larger than $168,600 would contribute $10,453.20 to the oasdi program in 2024, and his or her employer.
The formula for determining the oasdi contribution and benefit base is set by law. Employees will contribute at most.