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South Iowa News

Friday, November 29, 2024

Total OASDI widow and parent beneficiaries in Iowa ZIP 50150 stay unchanged in 2018

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There were 15 total OASDI widow and parent beneficiaries in Iowa zip code 50150 in 2018, the same number as in 2017, 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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