Although the Internal Revenue Service might be known for its stern, it does not mean they don't always do their best to make the process of filing tax a very easy one. IRS has consistently come up wit...
A 401(k) Plan is a retirement plan designed by the US government and sponsored by the employer for an employee. The name of the plan is coined after a section of the US Internal Revenue Code. The plan...
These are income fixed securities available that are usually sold for smaller dollar rates typically for $500 or less. Baby bond is very popular among average investors as a result of its small invest...
Months after the spinoff of its transportation unit and its subsequent merger with Wabtec(WAB), GE(GE) has sold 25.2 million shares of Wabtec stock in a public offering at $73.50 p...
Accidental Death and Dismemberment Insurance (AD&D) Meaning of Accidental Death and Dismemberment Insurance The Accidental Death and Dismemberment insurance, abbreviated as AD&D, can be l...
Tesla stocks (TSLA) took a break from its outrageous upward momentum and it may be on its way back to $400. It started to go down since the last 10 minutes of the trading hours last night.&nb...
What is a Bearer Share?Definition A bearer share is a term used to refer to an equity share that is fully owned by the person in possession of the physical stock certificate. Understanding Bearer...
What Are Index FundsAn index fund is a group of bonds, stocks and other types of securities that are used in tracking market index. Market index denotes a compilation of securities representing a part...
What Is Life Insurance?Life insurance is an insurance policy whereby the potential insured and the insurance policyholder signed a contract where the insured agreed to pay a stipulated beneficia...
What is the definition of a Basis Point (BPS) in finance? DefinitionA basis point is a unit of measurement equals to .01 or 1/100th of 1% (1 percent). According to its calculation 1 BPS equa...