There is no investment that is risk-free. However, being smart with an investment that meets your goal can bring down stock and bond risk, provided it meets your risk profile. Although,...
A step-up in basis can help you save a lot of money at the time of taxation. The term refers to income tax and capital gains and can save you a lot of money if you decide to sell an...
The Keogh plan (HR 10 plan) is a tax-deferred retirement plan funded by the employer targeted at self-employed people and businesses that are not incorporated. Distributions to such...
When a city, state, or county raises funding for state projects by issuing debt security, it is called municipal bonds. Common projects under such categories are road construction,...
First, the similarities: 529 custody plans and accounts, such as the UGMA (Uniform Gifts to Minors Act) or UTMA (Uniform Transfers to Minors Act), offer parents other ways to help...
There are bond authorities that are state-chartered in every state. These are housing agencies, healthcare facilities, authorities for the financing of industrial development, etc....
What is a private activity bond (PAB)?PABs are tax-exempt bonds distributed by or on behalf of a state or local authority to provide special financial benefits for eligible projects....
Direct payment bonds have always encouraged investment in infrastructure in times of economic uncertainty. Unlike traditional municipal bonds, interest on direct payment bonds is taxable,...
This is a financial incentive from the government, part of the product of the Energy Policy Act of 2005. This Act is available to municipal utilities intending to promote renewable...