Quantcast

Waterloo Times

Friday, December 27, 2024

Total OASDI disabled beneficiaries in Iowa zip 50647 increases in 2018

Applynow01

There were 45 total OASDI disabled beneficiaries in Iowa zip code 50647 in 2018, a 12.5 percent increase over 2017, which had 40 total disabled 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.

MORE NEWS