Quick Definition

OASDI is a federal program in the United States that provides financial benefits to retired workers, their families, and disabled individuals.

Examples

• 1A retired worker receiving monthly Social Security benefits after decades of contributing to the program.
• 2A family receiving survivor benefits after the death of the primary breadwinner who was covered by OASDI.
• 3An individual with a disability receiving financial support to help cover living expenses due to their inability to work.

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