Tag: accounts
5 Common Personal Loan Requirements to Know Before Applying
Personal loans are undoubtedly beneficial when you're in a financial pinch. They can help you pay for expenses your salary can't cover and provide...
Kiddie Tax
DefinitionThe kiddie tax rule exists in the United States of America and can be found in Internal Revenue Code § 1, which "taxes certain...
Health Reimbursement Account (HRA)
What is a 'Health Reimbursement Account - HRA' A health reimbursement account (HRA) consists of employer-funded plans that reimburse employees for incurred...
Health Savings Account (HSA)
What is a 'Health Savings Account - HSA' A Health Savings Account (HSA) is an account created for individuals who are covered...
Hardship Withdrawal
What is 'Hardship Withdrawal' An emergency withdrawal from a retirement plan that may be subject to certain tax or account penalties. In...
Inactivity Fee
What is 'Inactivity Fee' 1. A sum charged to investors who haven't engaged in any buying or selling activities in their brokerage...
Impound
What is 'Impound' An account maintained by mortgage companies to collect amounts such as hazard insurance, property taxes, private mortgage insurance and...
Individual Retirement Account – IRA
DefinitionAn individual retirement account is a form of "individual retirement plan", provided by many financial institutions, that provides tax advantages for retirement savings in...
Import And Export Prices
What is 'Import And Export Prices' Two indexes that monitor the prices of imports and exports in the United States. The import...
Identity Theft
DefinitionIdentity theft is the deliberate use of someone else's identity, usually as a method to gain a financial advantage or obtain credit and other...