Here are three of the more common types of professional liability insurance: 1  Malpractice insurance: This coverage is designed especially for medical professionals. It protects against suits that allege negligence or mistakes.
June 28, 2009. Besides regular income tax, federal laws require your employer to collect Social Security and Medicare taxes separately and send in the money to pay for your coverage under these plans. OASDI is the government acronym for Old Age, Survivor and Disability Insurance, better known as Social Security. Pay slip with pen and notebook.
How to Qualify for Social Security Benefits. The Social Security program is the largest government program in the world and the single greatest expenditure in the federal budget. The actual name for Social Security is the Old Age, Survivors, and Disability Insurance (OASDI) program. It consists of many parts, including guaranteed income to the retired, disabled, and qualified survivors, insurance in the form of Medicare, unemployment benefits, and other programs.