QUALIFIED DOMESTIC RELATIONS ORDER - QDRO
This type of court order can be typically found in a divorce agreement which states that the ex-spouse is qualified to get a predefined portion of the other individual’s retirement plan. Mostly, QDRO allocates 50% value assets gained from the start of the marriage to the time of the divorce.
POPULAR TERMS
Capital Commitment
Future capital payments that a firm has pledged to pay out on long-term assets over a particular time period. This also talks about the securities ...
Overwithholding
A term which refers to an excess amount of tax being withheld for an employee. It will be sent back as a refund to the taxpayer after he or she fil ...
Diluted Earnings Per Share - Diluted EPS
It is the measure of a company’s profits.
Covenant
Promise a firm made to an indenture or other formal debt agreement, stating some activities will or won’t be carried out. In finance, it freq ...
Gross Spread
Difference between the security price paid by the underwriter and the actual price charged to the public. The spread compensates the underwriters o ...
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An Introduction to Student Loans
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We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
Any person can utili ...
How Do You Intend to Live?
How do you want to live?
You are no longer happy with the current state of your home. So you are mulling the idea of moving out or remode ...
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Ethical Investing: Instruments for Ethical Investing
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