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...
This is simply a fixed-interest rate paid subsequently for five years but subjected to adjustment after the first five years. It is also known as a 5-year ARM or 5-year-fixed period ARM. From the name...
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...
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)...
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...
Facebook reported its earnings after the hours on January 29, 2020, and the stock plummeted right after the report came out. Although Facebook had a good business model, it struggled to i...
A 51% Attack is an attack on blockchains usually by a single miner or a group of miner. The attack gives the attackers control over half of the computing power or harshrate securing a blockchain. With...
A 401(A) Plan is simply a retirement account plan established by the employer. It uses a percentage-based or dollar contribution by the employee or employer or both parties for an employee's retiremen...
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 ...
WHAT IS EARNINGS BEFORE INTEREST AND TAXES (EBIT): Meaning, Relationship With Debt And Taxes, Applications And Shortcomings Meaning of EBIT Earnings before interest and taxes is a metric that...