What does OASDI stand for?

OASDI stands for Old Age Survivor and Disability Insurance. This program is a crucial component of the Social Security system in the United States, which provides financial support to individuals based on their earnings history. The "Old Age" part refers to benefits available to retirees, "Survivor" benefits are for family members of deceased workers, and "Disability" insurance provides assistance to individuals who are unable to work due to a qualifying disability. This comprehensive structure ensures that people can receive financial support in various life circumstances, addressing the needs of retirees, survivors of deceased workers, and those who are unable to maintain employment due to disability. The other options do not accurately reflect the established terminology or function of the social insurance program.