An annuity is a contract between an individual and an insurance company, where the individual … Read more
Avoiding Estate Taxes
- Manage assets before death: Give away some of your assets to potential beneficiaries before
The 4% Rule
4% rule suggests that a retiree should be able to withdraw 4% of their savings … Read more
Index Price
- DJIA (Dow Jones Industrial Average): The index price of the DJIA represents the average
Brokerage Account Taxation
- Taxable Income: Earnings from a taxable brokerage account, such as dividends, interest, and capital
Buying at Premium and Discount
The market price is influenced by supply and demand, whereas the Net Asset Value (NAV) … Read more
Triffin Dilemma
Describes an inherent problem with a country’s national currency (the dollar) also serving as the … Read more
Wells Notice
A Wells notice is a letter that the U.S. Securities and Exchange Commission (SEC) sends … Read more
FSAs and HSAs
FSAs and HSAs are both tax-advantaged accounts that allow employees to contribute pre-tax dollars to … Read more
Arbitrage (Trading)
The practice of taking advantage of a difference in prices in two or more markets … Read more