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.
Social Security Taxes. OASDI/EE stands for old age, survivors and disability insurance, employee's earnings. The Social Security tax has two parts, one paid by the employee and the other paid by the employer.ocial Security Taxes. OASDI/EE stands for old age, survivors and disability insurance, employee's earnings. The Social Security tax has two parts, one paid by the employee and the other paid by the employer.