Early retirement is a worthy goal, but without a plan, it is merely a wish. Julie PinkertonJan. 16, 2025 Retire at 50: 11 Key Questions to Ask Income-focused ETFs offer options like REITs, dividends and bonds. Kate StalterJan. 16, 2025 7 Top 2025 Income Investments Federal Reserve po...
over-the-counter bond markets. Just like stock ETFs, bond ETFs come in a wide variety of flavors, or sub-sectors; these include U.S. federal and municipal bonds or international government debt, as well as specific sectors such as investment grade and high yield corporate bonds, mortgages, ...
What Is Functional Expense Allocation? Functional expense allocation is the process by which a nonprofit organization’s accountant or bookkeeper classifies each expense by its functional classification. To better grasp functional expense allocation, it helps to understand why it’s important for nonprofit...
Minor impact on financial aid eligibility– When a dependent student or one of their parents owns a 529 plan account, there is a minimal impact on the student’sfinancial aid eligibilitycompared to other account types. Federal tax treatment of gifts– Contributions to a 529 plan qualify for the...
While both fixed indexed annuities and RILAs are regulated by state insurance authorities, RILAs are also registered with the federal Securities and Exchange Commission (SEC). FIAs are not. That distinction is important because the person who sells you a RILA must be registered and have passed ...
The same thing can happen if one spouse has defaulted on a federal student loan for which only that spouse is responsible for repayment, and the couple's refund is seized as a result. Form 8379 essentially asks the IRS to release the injured spouse's portion of the refund. ...
Since that time grants have come to be an integral part of the American fiscal system, and scholars have continued to debate whether the allocation of federal grants between the states is motivated primarily by political or social and economic objectives. This paper shows that, during the 1930s...
Taxation rights are a major issue in the study and concern in fiscal federalism. People in the United States are often confused by the fact that they must pay both federal and state taxes each year. Dual taxation is a function of fiscal federalism, since the regional and federal governments ...
Appropriation is when money is set aside for a specific purpose. A company or a government appropriates funds in order to delegate cash for the necessities of its operations. Appropriations for the U.S. federal government are decided by Congress through various committees. A company might appropri...
Stopping a Wage-Price Spiral A wage-price spiral often pushes inflation to a level that is not ideal. The U.S. Federal Reserve aims to sustain an inflation rate of 2%, which it deems appropriate to maintain maximum employment and price stability.2 ...