Key Takeaway: ECM in investment banking refers to the services provided by firms to assist companies in raising capital through equity and debt markets, as well as M&A activities. ECM offers a range of services, including equity capital markets, debt capital markets, and mergers and acquisitions, to help companies achieve their capital-raising goals. The importance…
Key Takeaway: Social Security notices are typically sent out on a regular schedule, but may be delayed due to processing delays or technical issues. There are different types of Social Security notices, including benefit statements, eligibility reviews, and confirmation of important changes to personal information. Social Security notices are usually sent by mail, but can…
Key Takeaway: Sustainable investment is an approach to investing that focuses on investments that have a positive impact on the environment, society, and economy. This approach considers not only financial returns but also the impact of investments on people and the planet. Sustainable investment is important because it ensures that investments are not harmful to…
Key Takeaway: Social Security Disability Back Pay can cover up to 12 months of retroactive payments from the date of application, and up to 6 months of previous retroactive payments from the date of disability onset, depending on the type of benefit program and individual circumstances. The calculation for Social Security Disability Back Pay is…
Key Takeaway: The Merck Pension Plan is a defined benefit pension plan that provides retirement income for eligible employees based on a formula that takes into account their years of service and average salary. Eligibility for the Merck Pension Plan is determined by the employee’s years of service and age. Employees who meet certain criteria…
Key Takeaway: Duration of Pension After Death varies depending on the type of pension plan. The State Pension provides a set amount for up to 39 weeks after the pensioner’s death. Private Pension plans may offer a longer payout period, typically up to five years or for the lifetime of the surviving spouse or civil…
Key Takeaway: Social Security Disability beneficiaries have earning limits that determine how much they can earn without affecting their benefits. The monthly income limit for 2022 is $1,310 for non-blind individuals and $2,190 for blind individuals. During the Trial Work Period, beneficiaries can earn any amount for nine months without affecting their benefits. After that,…
Key Takeaways: Illinois residents can receive Social Security benefits based on their earnings record, which takes into account their work history and earnings over their lifetime. To be eligible for Social Security benefits in Illinois, individuals must meet certain age and work credit requirements set by the Social Security Administration. Factors that can affect the…
Key Takeaway: Choosing a secure investment platform is crucial: As an investor, it’s essential to look for a platform that offers a high level of security for your investments. This includes features like encryption, two-factor authentication, and strict verification processes. There are various risks involved in investing in an investment platform: Market risks, operational risks,…
Key Takeaway: RFC stands for residual functional capacity and is an important factor in determining eligibility for Social Security Disability benefits. RFC refers to an individual’s ability to perform work-related activities despite their impairments. RFC is determined through a combination of medical evidence, consultative examinations, and function reports. This evaluation is conducted by disability examiners…
Key Takeaway: Adding an authorized user without a social security number on your Chase account requires gathering necessary information, calling or going online to add the authorized user, and providing alternative identification information for the authorized user. Chase reports authorized users without social security number by using an Individual Taxpayer Identification Number (ITIN) or a…
Key Takeaway: A Veterans Pension provides tax-free financial assistance to eligible wartime Veterans and their surviving spouses who have limited income, resources, and assets. To be eligible for the Veterans Pension, the Veterans must have served on active duty and meet certain wartime service and discharge requirements. Additionally, their income and assets must fall below…