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Empty-nest researchers have found that
OASDI
Stands for Old-Age, Survivors, and Disability Insurance, a program that provides monthly benefits to retired individuals, survivors of deceased workers, and disabled workers funded through payroll taxes.
Federal Income Tax
The tax levied by the national government on individual or corporate income.
Allowances
Amounts deducted from an employee's gross pay for specific purposes such as taxes, health insurance, and retirement funds.
Overtime Rate
The rate of pay that is higher than the regular hourly rate, paid to employees for hours worked beyond the standard workweek.
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