There were five total OASDI widow and parent beneficiaries in Indiana ZIP Code 47996 in 2020, the same number as in 2019, according to the Social Security Administration.
The Old-Age, Survivors, and Disability Insurance (OASDI) program aims to supplement a worker’s lost wages due to retirement, disability or death of a spouse.
The Social Security Administration program is funded primarily through payroll taxes. It was signed into law in 1935 by then-President Franklin D. Roosevelt.
