Oasdi Annual Limit 2024. The oasdi tax rate for wages paid in 2024 is set by statute at 6.2 percent for employees and employers, each. Employees will contribute at most.
Get ready to contribute 6.2% of each paycheck towards social security until you hit that cap—then no more payroll tax. Adjusting the percentages in the pia formula would influence the monthly benefit amount for all.