Tag: Financial terms

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...

January 29, 2020

What is 30-year Treasury

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 ...

January 29, 2020

What is 12B-1 Fee?

As prevalent with any business enterprise that aims to make profits, mutual fund industries charge for the service they are providing. In the most ordinary form, these services encompass the marketing...