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what does oasdi stand for on a payroll check One of the universal entries on just about everyone's paycheck stub is the deduction labeled OASDI. ... deduction. The OASDI is an abbreviation for Old Age Survivor Disability Insurance.
Best Answer: OASDI is the old age, survivor, disability income portion of your Social Security tax. It is 6.2% of your gross pay up to $102,000. HI is the Medicare (health insurance) portion of your Social Security tax. It is 1.45% of your gross pay, without limit.