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On your paycheck, what does Fed MED/EE and Fed OASDI/EE mean?  

Answers:1   |   LastAnswerAt:2009.12  

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visitor
videogamer1979 
Asked at 2009.12.18 23:47:09
What are these taxes for?
answer skip  Answered at 2009.12.18 23:47:09
Those are your contributions to Social Security (OASDI) and Medicare (MED). The MED figure should be 1.45% of your gross pay (but remember to deduct anything taken out of your pay for your employers health plan). The OASDI figure will be 6.2% of the same figure unless you are earning more than about $90,000 per year. you should ensure these are deducted each paycheck. If they are not you will get fewer benefits than you anticipated when you retire.
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