Finance

If you have never worked or paid Social Security taxes (or haven’t paid them long enough), you won’t be able to claim Social Security retirement benefits on your own. However, you may be able to receive spousal benefits through your spouse’s account. You can file a claim under their account from age 62, provided your…

If you have a 401(k) planyou probably know that you can use it to invest in a wide variety of funds—target date fund, passively managed index funds and actively managed mutual fund. However, some plans also allow you to access other types of financial products, such as annuities. An annuity is a contract between you…

What is an Investment Policy Statement (IPS)? A Investment Policy Statement (IPS) is basically a business plan for an investment portfolio. It is very common for financial advisors to create an IPS for their institutional clients such as retirement plan sponsorsfoundations and endowments. Many financial advisors will also write one for their individual clients. Having…

What is the SALT (national and local tax)? The acronym SALT stands for State and Local Tax and is commonly associated with the Federal Income Tax Deduction for State and Local Taxes available to taxpayers who itemize their deductions. In 2017, a $10,000 cap on the previously unlimited SALT deduction was adopted and made applicable…

Dodge & Cox is an outstanding wealth management firm in the mutual fund industry, with a long track record of success. The company’s management team tends toward a collaborative approach with a wide idea generation process. Dodge & Cox managers are also invested in their funds and, therefore, have a strong incentive to maximize shareholders’…

karma credit tax Jackson Hewitt’s Tax Pro From Home service gives you an option for a hybrid online tax preparation experience that puts the heavy lifting in the hands of a professional tax preparer. We chose this software as the best for expert guidance. Advantages Access live support or pay extra to have a tax…

For decades, mutual funds have offered professionals Portfolio Management, diversification, and convenience for investors who lack the time or means to trade their portfolios profitably. In recent years, a new class of mutual fund has emerged that offers many of the same benefits as traditional open-ended funds with a much greater liquidity. These funds, called…

What is an SEC RW filing? An SEC RW filing is a formal request to withdraw a registration that has already been filed with the SEC under the Securities Act of 1933. The SEC RW filing, in particular, is used by an issuer to request that a pending securities registration be removed from review before…

Exchange-traded funds (ETFs) can be a great investment vehicle for small and large investors alike. These popular funds, which are similar to mutual funds but trade like stocks, have become a popular choice among investors looking to broaden the diversity of their portfolios without increasing the time and effort that they have to spend managing…