Key Takeaway: To qualify for a Post Office pension, an employee must meet certain criteria such as age, service requirements, and retirement status. These criteria vary depending on the type of pension plan the employee is enrolled in. The length of service requirements for a Post Office pension can range from as little as five…
Key Takeaways: Social Security Disability benefit payments are made on a fixed schedule each month, based on the recipient’s birth date. The payment schedule can be found on the Social Security Administration’s website. There are various payment delivery options available, including direct deposit, a Direct Express debit card, or a paper check. Recipients can also…
Key Takeaway: Low-risk investments include savings accounts, certificates of deposit (CDs), and money market funds. These investments offer safety and security due to lower volatility and lower risk of losing capital. However, low-risk investments are still subject to risks, such as inflation risk and interest rate risk. Inflation risk refers to the possibility of rising…
Key Takeaway: Understanding Fisher Investments: Fisher Investments is a registered investment advisor that provides services such as investment management, wealth planning, retirement solutions, and portfolio evaluation. Fisher Investments Services: Apart from investment management services, Fisher Investments also provides wealth planning, retirement solutions, and portfolio evaluation services to help clients reach their financial goals. Fisher Investments…
Key Takeaways: The minimum investment amount for an EB5 Visa is $900,000 for projects located in a Targeted Employment Area (TEA) and $1.8 million for projects in a non-TEA. The source of funds for the EB5 investment can come from personal funds, gifts, loans, or business income. The EB5 visa requires the creation of at…
Key Takeaway: Understand Social Security Benefits: Educate yourself on the different types of Social Security benefits available and how they can be misused in order to be better prepared to identify potential misuse. Recognize Red Flags of Misuse: Be alert for signs that Social Security benefits may be inappropriately used, such as sudden changes in…
Key Takeaways: Diversification, low volatility, and consistent performance are key characteristics of safe investment funds. The three primary types of safe investment funds are government bonds, index funds, and money market funds, each with their own unique benefits and drawbacks. Before investing in any fund, it is important to consider your investment goals, risk tolerance,…
Key Takeaway: Investment notes are a type of debt security issued by a company or organization to raise capital. These notes have a fixed maturity date and pay periodic interest to investors. Investment notes can be secured or unsecured, fixed or variable, and registered or unregistered. Investors can choose the type of investment note that…
Key Takeaway: Determining eligibility for disability pension is based on the type of disability and meeting specific criteria. It is essential to consult with a professional who can guide through the process. The amount of pension is calculated based on several factors, such as the income level, age, and length of service. Knowing how the…
Key Takeaway: An Advance Designee for Social Security is a person who has been designated to represent and assist an individual with their Social Security applications and benefits management. An Advance Designee is appointed by the individual and must meet certain requirements set by the Social Security Administration. The purpose of having an Advance Designee…
Key Takeaway: Investment tracking has the purpose of monitoring and managing investment portfolios, allowing investors to make informed decisions about their investments and achieve their financial goals. Investment tracking provides many benefits, such as identifying areas for portfolio diversification, detecting potential risks, and analyzing investment performance for better decision-making. Investment tracking works by choosing the…
Key Takeaway: Fully vested means that an individual has met the requirements to have 100% ownership and access to the funds in their pension account, regardless of future employment status. A pension is a retirement plan that is funded by an employer or employee and provides a specified monthly income to the retiree. A pension…