For different purposes, many 401(k) account holders seek to withdraw cash from their retirement plans to meet other pressing needs. While it is not advisable to take out of your retirement accounts, 4...
Gilead Sciences, Moderna, 3M, RegeneronAmidst the coronavirus surge and the recent stock market plummet, while stocks like Apple (APPL) and Tesla (TSLA) fall, certain Biotech companies’ stocks perfo...
Wealth, the measure of an individual or a family's financial net worth holds greater value and opportunities in the world today, most especially in the American country. In America, wealth has made it...
There used to be a time when pension and social security benefits were enough for sustainability after retirement, but today, the story is a different one. Without a solid retirement plan, most person...
This is a tax election that allows startups business owners to pay tax on the total fair market value of vested shares. When shares are subjected to vesting, it means that at every time a portion of t...
Section 501(c)(3) is part of the Internal Revenue Code that allows nonprofit making organizations to be exempted from payment of tax. Organizations that usually benefit from this exemption are chariti...
A 403(b) Plan is very similar to but different from a 401(k). This is because the 403(b) plan is a retirement account set up for workers in public schools and tax-exempt organizations. Unlike a 401(k)...
This is one of the numerous criteria established by the Internal Revenue Code to count the number of days a person has been present on the shore of the US and use this to determine tax eligibility. Th...
This is simply the yield paid on a US Treasury Security that has 30 years of maturity. This Treasury used to be the benchmark of the US bond, but the 10-year Treasury is fast gaining more ground. The ...
This is a discount billing term on credit purchase. It is a 1% discount payment made available for debtors who are able to pay up their debt within 10 days of its required 30 days. However, if no paym...