Tag: retirement
Reasons Why You Need to Plan Your Retirement Early
Retirement is the ultimate goal in life for many people. It’s the time where you are free to do what you want when you...
How To Generate Extra Money in Your Retirement
Throughout our lives, we try to save up as much money as we can for our retirement. The goal is to have enough money...
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...
Years Certain Annuity
What is 'Years Certain Annuity' An insurance product that pays the holder a monthly income for a specified number of years. A...
In-Service Withdrawal
What is 'In-Service Withdrawal' A withdrawal made from a qualified plan account before the holder experiences a triggering event. A triggering event,...
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...
Immediate Payment Annuity
What is an 'Immediate Payment Annuity' An immediate payment annuity is an annuity contract that is purchased with a single lump-sum payment...
Investment Banks
There are few careers as lucrative and prestigious as investment banking. But what exactly is investment banking, and how do you go about getting...
Immediate Beneficiary
What is an immediate beneficiary
An immediate beneficiary is a person or entity who receives benefits from a trust or other financial arrangement immediately, as...