Restricted Shares vs. Stock Options: An Overview Restricted shares and stock options are both forms of equity compensation, but each comes with some conditions. Restricted shares can either be restricted stock units or restricted stock awards. Both involve vesting requirements. Stock options give an employee the right to buy a certain number of shares at…

Cognitive vs. Emotional Investing Bias: An Overview Everybody has biases. We make judgments about people, opportunities, government policies, and of course, the markets. When we analyze our world with our own biases, we put our observations through a number of filters manufactured by our experiences, and we’re not just talking about stock screeners. We’re talking about the filters…

We can’t prevent the unexpected from happening, but sometimes we can protect ourselves and our families from the worst of the financial fallout. Selecting the right type and amount of insurance is based on your specific situation, such as children, age, lifestyle, and employment benefits. Four types of insurance that most financial experts recommend include…

What Is an Appeal Bond? An appeal bond is an amount of money placed in holding while an appeal is being decided. An appeal bond is supplied by the appellant who is appealing the lower court’s judgment and is usually in the amount of the original judgment (though it could be more). Key Takeaways An…

A Roth individual retirement account (IRA) conversion lets you shift money from a traditional IRA into a Roth IRA. Doing so lets you take advantage of a Roth IRA’s many benefits, including tax-free withdrawals in retirement and no required minimum distributions (RMDs) during your lifetime. However, Roth IRA conversions also have costs. Specifically, you’ll have…

Personal loan rates eased for the first time in a month, though only slightly, with the overall rate dropping five basis points. Monday’s results still keep the rate near 21%, after reading about 19% just five weeks ago. The lowest rate reported by our surveyed lenders remains at 5.99% APR, while the highest was again…

TYPE OF WITHDRAWAL 10% PENALTY? Medical expenses No (if expenses exceed 10% of AGI) Permanent disability No Substantial equal periodic payments (SEPP) No Separation of service No Purchase of principal residence Yes Tuition and educational expenses Yes Prevention of eviction or foreclosure Yes Burial or funeral expenses Yes A 401(k) hardship withdrawal isn’t…

Coinbase (COIN), the largest U.S.-based crypto exchange, likely will say losses narrowed in the first quarter of 2023 as aggressive cost cuts offset tumbling revenue. Key Takeaways Coinbase is expected to report a loss of $1.38 per share, an improvement on last year’s loss of $1.98 a share. Revenue has shrunk to about a quarter…

What Is a Special Power of Attorney? A special power of attorney is a legal document that allows an individual to give another person the ability to make certain legal or financial decisions on their behalf. The document, also known as a limited power of attorney (LPOA), authorizes one person, called an agent or an…