Tag: E

January 31, 2020

EARNEST MONEY

Earnest money in real estate deal (often called home deposit) refers to a deposit that is made by a buyer to a home seller as an indication of his interest to buy the home. When a buyer intends to...

January 30, 2020

What is 457 Plan

A 457 plan is a non-qualified, tax benefits retirement contributions account sponsored by the employers in local and state government organizations and nonprofit making organization for their employee...

January 30, 2020

What is 403 (B) Plan

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)...

January 30, 2020

What is 401(k) Plan

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...