Key Takeaway: Old Age Pension is a government-funded program that provides financial assistance to eligible seniors who have reached a certain age and have no other source of income or a limited income. The payment date for December Old Age Pension is typically the last business day of the month, but it may vary depending…
Key takeaway: Social Security Death Benefit is available for eligible surviving family members of a deceased worker. The benefit can help ease financial hardship during a difficult time. To be eligible for Social Security Death Benefit, the surviving family member must have a close relationship with the deceased worker, such as a spouse or dependent…
Key Takeaway: Real Estate Investment Groups provide access to expertise and experience of seasoned real estate investors, enabling members to develop a better understanding of the market and make informed investment decisions. Diversification of investment portfolio is one of the key benefits of joining a Real Estate Investment Group, as this enables members to gain…
Key Takeaway: Investing in self storage can be a smart choice for investors due to the numerous benefits it offers. Self storage facilities offer opportunities for stable and predictable income, high demand for storage units, and low maintenance and operating costs. Self storage investment also provides diversification of investment portfolio and lucrative rates of return…
Key Takeaway: Understanding the eligibility criteria for extra Social Security checks is important: To be eligible for extra Social Security checks, individuals may need to meet certain age and income requirements or have a disability that prevents them from working. Knowing the eligibility criteria can help individuals determine if they are eligible for extra benefits….
Key Takeaway: Investment banks offer specialized financial services such as underwriting securities, mergers and acquisitions advice, and asset management to corporations, governments, and high net worth individuals. Commercial banks, on the other hand, offer traditional banking services such as deposits, loans, and other financial products to individuals and small to medium enterprises. They also handle…
Key Takeaway: Investment bankers in NYC tend to live in neighborhoods that are close to the Financial District, such as the Upper East Side, Tribeca, Battery Park City, Greenwich Village, and SoHo. When choosing a neighborhood to live in, investment bankers should consider factors such as commute time, cost of living, and community amenities, such…
Key Takeaway: The Social Security tax increase for 2013 has been introduced to address the funding shortfall of the Social Security program. The source of the Social Security tax increase is a 2% increase in the Social Security tax rate, which applies to all employees earning up to a certain limit. The Social Security tax…
Key Takeaway: Starting a real estate investment company requires thorough research and planning. Conduct market research to identify potential opportunities and formulate a business plan to outline goals and strategies for success. Choose a legal structure for your company, such as a limited liability company (LLC), and register your business and obtain necessary licenses and…
Key Takeaway: QQQ investment is an exchange-traded fund (ETF) that tracks the performance of the NASDAQ 100 index, providing investors with exposure to top-performing technology companies in the US stock market. Investing in QQQ can offer benefits such as portfolio diversification, exposure to top-performing companies, and lower fees compared to mutual funds. However, it is…
Key Takeaway: A Senator’s Pension is a retirement plan available to U.S. Senators who meet certain eligibility criteria. The pension provides financial security for Senators after their service in Congress has ended. Eligibility for the Senator’s Pension is based on years of service and age requirements. Senators must have served for at least 5 years…
Key Takeaway: Understanding the concept of return on investment is crucial when aiming for a 10% return. ROI is the profit or loss from an investment compared to the cost of that investment. By knowing how to calculate ROI, you can evaluate your investments and make smart decisions that increase your chances of achieving a…