What is a 403(b) Plan?
A 403(b) retirement plan lets you save money, lower your taxable income, and invest your savings. They were originally tax-sheltered annuities.
Types of Stock Investors Should Know
Almost everyone has heard of stock, and you likely know what the Securities and Exchange Commission (SEC) is and does. However, you may not know there are multiple different types of stock out there. These categories help investors put together their portfolios by choosing the kinds of investments that are appropriate for them. If you’re […]
IRA vs. 401(k): Retirement Plan Differences
Looking at an IRA vs. 401(k) plan, the major difference is that one is employer sponsored and the other you can open on your own with various providers.
What is a 401(k) Plan?
A 401(k) is an employer-sponsored retirement plan that comes from Section 401(k) in the Revenue Act of 1978. It provides tax advantaged accounts…
What Is an IPO?
An IPO can be a great investment opportunity. But if you haven’t heard of it before, you might be wondering, “What is an IPO?” Here’s a quick guide…
What is an IRA Rollover?
An IRA (individual retirement account) rollover is a transfer of funds from one retirement account to a traditional or Roth IRA. The rollover is used to move assets from a 401(k) or similar retirement accounts. The funds can then be used with either a new employer’s retirement plan or another account provider. One main benefit […]
What Is an IRA? Traditional vs. Roth Accounts
An IRA is an individual retirement account (or arrangement). IRAs are investment accounts to help you save for retirement, and they come with different tax benefits, depending on which IRA you set up. There are two main types of IRAs: traditional and Roth. What Is a Traditional IRA? With a traditional IRA, contributions made in […]
78 Basic Accounting Terms and Concepts
Money rules the world. From Fortune 500 companies to the dollar bills in your wallet, money is what makes the world go round. Although many people lack a basic understanding of money. That’s why we put together this list of basic accounting terms and concepts. After reading through these terms, you’ll have a better understanding […]