DEFERRED ANNUITY
A type of annuity contract that delays payments of income, installments or a lump sum until the investor elects to receive them. This type of annuity has two main phases, the savings phase in which you invest money into the account, and the income phase in which the plan is converted into an annuity and payments are received. This type of annuity also provides a death benefit, so that the beneficiary of the annuity is guaranteed the principal and the investment earnings.
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Medicare Wages
An individual’s earnings which are subject to US payroll tax known as Medicare tax. Like the other US payroll tax, Medicare tax is used to su ...
Bear Put Spread
When an option trader is anticipating for a diminish in the price of the underlying asset, they use a kind of options tactics which is called bear ...
SOSLP
Senior Loan Officer Opinion Survey on Bank Lending Practices (SOSLP) is a survey accomplished quarterly by 75 banks composed of 53 domestic and 23 ...
Bond Futures
Contract requiring the holder to buy or sell a bond at a specified date and price. It can be acquired in the futures exchange market but is inheren ...
Inter-American Development Bank - IDB
Cooperative development bank that develops the economic situation and social health of its Latin American and Caribbean member countries. Owned by ...
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SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 20:00 | Federal Budget Balance | Jun | |
| 00:00 | NZIER Business Confidence | 2 quarter | |
| 00:45 | Visitor Arrivals | May | |
| 01:01 | BRC Retail Sales Monitor | Jun | |
| 02:30 | Westpac Consumer Sentiment | Jul | |
| 03:30 | NAB Business Confidence | Jun | |
| 04:31 | Trade Balance | Jun | |
| 06:30 | Industrial Production | May | |
| 08:00 | Wholesale Price Index | Jun |
