The history of U.S. debt goes back to the American Revolution. Almost all the deficits in the early days of our country were the result of war. The federal government managed to pay off its entire debt in 1835. This was the first time that the country was debt-free.1Wars, economic c...
What Is the Purpose of ERISA? The Employee Retirement Income Security Act (ERISA) is a federal law that protects the retirement savings of United States employees. The law outlines rules thatqualified plansmust follow to ensure that plan fiduciaries do not misuse plan assets. Which Agency Monitors...
According to a federal law called FERPA, educators, administrators, registrars, and other school employees in the United States are responsible for securing the student data that passes through their hands. But what is FERPA, exactly? FERPA stands for theFamily Educational Rights and Privacy Act, ...
PMI is a type of insurance that protects the lender should you default on your mortgage. It applies when you make a down payment under 20 percent. MIP A mortgage insurance premium (MIP), is a type of mortgage insurance that comes with a Federal Housing Administration (FHA) insured mortgage...
The U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) protects our financial system. FinCEN is responsible for enforcing the Corporate Transparency Act.
1 What is the difference between Democrats and Republicans? Recently, a good friend (who is scally conservative, and typically votes Democratic) asked me an important question. What is the difference between Democrats and Republicans? That’s a really tough question to accurately answer, even withi...
VPNs based in the country: NordVPN, Surfshark Unlike Switzerland, Spain is a member of the European Union, but it is still a very reliable VPN country to choose. The government protects personal data in all imaginable ways, so you can be sure no third-parties will access your sensitive in...
Federal tax brackets Help and support TurboTax Live Community Support Contact us Where's my refund File an IRS tax extension Access your Turbotax account Community Tax law & stimulus updates Refer Your Friends Tax tools Tax calculators and tools ...
For example, they won’t let you qualify if your home is worth more than a certain amount—that helps them make sure they get their money back in the end.2 And if you do qualify for an HECM, you’ll pay a hefty mortgage insurance premium that protects the lender (not you) against...
Additionally, many federal laws protect consumers from debt collectors, harassment, unauthorized payments, and false credit reporting. For example, the Fair Debt Collection Practices Act (FDCPA) protects consumers from debt collector harassment and illegal collection tactics. While the law does not apply...