The Permanent Fund Dividend (PFD) is the most unusual element of Alaska's unique fiscal system. That system will confront special challenges as a government and economy organized around oil production face both fluctuations in the price of oil and a continuing fall in oil production in Alaska. ...
Then there are theresidentsof Alaska, who receive a yearly dividend from the Alaska Permanent Fund, which was launched in 1982 to pass along oil profits to future generations. In 2018, the payment was$1,600. Alaskansreportedlyuse the money for everything from heating oil and clothing to medi...
Not conceived as a handout, the Alaska Permanent Fund Dividend embodies the idea that all Alaskans own their resources in common and every person should benefit from these resources. In the form of an unconditional payment, the dividend respects the freedom of each person to use it as he or...
Form 1040EZ allowed filers to claim income from wages, tips, salaries, taxable grants or scholarships, the Alaska Permanent Fund, and unemployment compensation.4Form 1040, though, had at least 16 income categories.3 Categories available on the standard form included dividend payments, retirement acco...
One of the three common forms you can use to file your federal income tax return is IRS Form 1040A.
Participating life insurance in Canada is a type of whole life insurance policy that gives policyholders a share in the insurer’s profits. These profits are distributed in the form of dividends. These dividends can be used to lower premiums or buy additional coverage. The policy provides lifelon...
IAS officers get additional allowances like House Rent Allowance (HRA) and Transport Allowance on top of their salary. HRA is provided if they don’t have government housing, with the amount depending on the city. In major cities like Delhi, Mumbai, Chennai, and Kolkata, HRA can be up to...
Whatever the type, the big benefit of the construction-to-permanent approach is that you have only a single set of closing costs to pay, reducing your overall expenses. “There’s a one-time closing, so you don’t pay duplicate settlement fees,” says Janet Bossi, senior vice president ...
A flexi-cap fund is a type of mutual fund that is not restricted to investing in companies with a predetermined market capitalization.
Term life insurance can fund buy/sell agreements or provide coverage for key people. How permanent life insurance works Permanent life insurance policies typically last your entire life, assuming you pay your premiums. Whole life is the best-known type of permanent insurance, but there are others...