Key Takeaway: CIT Investment is a pooled investment vehicle that is composed of multiple investors who collectively invest in a diversified portfolio of securities, providing a cost-effective way for individuals and institutions to invest in the market; CIT Investment offers tax advantages, as income is not taxed at the trust level, but rather at the…
Key Takeaways: TMT investment banking offers high growth potential: The technology, media, and telecommunications (TMT) industry is constantly evolving and expanding, providing opportunities for high growth potential in investment banking. TMT investment banking provides opportunities for innovation: With constantly changing technology and media landscapes, TMT investment banking offers opportunities for innovative financing and deal structures….
Image credits: retiregenz.com by David Washington Methods to verify social security number Verifying someone’s social security number? You need to authenticate it! How? Check out the “Methods to verify social security number”. This section provides three solutions – Verifying through Social Security Administration, Credit Bureaus, and Third-Party Services. Validate social security numbers easily with these…
Key takeaway: Changing your Social Security Number illegally is highly illegal and can result in severe consequences ranging from fines, imprisonment and loss of benefits. It is not worth the risk. One of the techniques used to change Social Security Number illegally is identity theft, where a person steals someone’s personal information to access their…
Key takeaway: Online investment trading is less expensive due to lower overhead costs: Online brokerages do not have the same expenses as traditional brokerages, such as physical locations and trading floors, reducing their overhead costs. These savings are passed on to investors in the form of lower fees and charges. Automation in online investment trading…
Key Takeaway: Understand the benefits of Social Security: Social Security provides retirement, survivor, and disability benefits, and it is important to know how each one works and what options are available to you. Maximize your benefits by timing, spousal benefits, and working while receiving benefits: Timing and spousal benefits can significantly impact your Social Security…
Key Takeaways: Eligibility for Pension Fund: To claim pension fund in PF, it is important to fulfill the eligibility criteria, which includes a minimum number of working years and attaining retirement age, as set by the government. Steps to Claim Pension Fund: The process of claiming pension fund involves submitting the application along with required…
Key Takeaway: A volatile investment is a financial asset that experiences significant price fluctuations over a short period of time. It is mainly associated with stock market investments, which are prone to unexpected changes due to various factors, such as economic conditions, political events, and company performance. The factors affecting volatility of investments include both…
Key Takeaway: Single Life Annuity Pension is a retirement plan that pays out a fixed amount for the rest of an individual’s life after retirement, minimizing the risk of outliving one’s savings. There are different types of Single Life Annuity Pension, including Life Only Annuity, Life Annuity with Guaranteed Period, Life Annuity with Cash Refund,…
Key Takeaways: Social Security Employee refers to the employee’s contribution towards the Social Security program, which provides retirement, disability and survivor benefits. It is important to understand the Social Security Employee amount listed on your paystub as it affects your eligibility and calculation of benefits. Your Social Security benefits are calculated based on your average…
Key Takeaway: Not everyone is eligible to apply for a Social Security Card online, as certain requirements must be met, such as being a US citizen and having a US mailing address. To order a Social Security Card online, individuals must first create a my Social Security account, fill out the application, and submit it…
\n Key Takeaway: \n \n Congressional pension plans are managed and insured by various federal programs, including FEHB (Federal Employees Health Benefits Program), FERS (Federal Employees Retirement System), and CSRS (Civil Service Retirement System). \n To be eligible for Congressional pension coverage, members of Congress must meet certain criteria and enroll in the appropriate plan…