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Sunday, November 24, 2024

Total OASDI beneficiaries in Washington zip 98025 increase in 2018

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There were 190 total OASDI beneficiaries in Washington zip code 98025 in 2018, an 8.6 percent increase over 2017, which had only 175 total beneficiaries, according to the official Social Security Administration website.

The Old-Age, Survivors, and Disability Insurance (OASDI) program is a program of the Social Security Administration funded primarily through payroll taxes. It was signed into law in 1935 by then-President Franklin D. Roosevelt.

The OASDI program aims to supplement a worker’s lost wages due to retirement, disability or death of a spouse.

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