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Tip of the Day Buy A Used Car

Buy A Used Car - Next to a home, the most expensive purchase you are likely to make is a car. When looking to buy a car it is...

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Keogh Plan

Definition: A retirement plan set up by a self-employed individual for himself and his employees (if applicable).  The money grows tax-deferred.

TeenAnalyst Advice: Keogh plans are like 401(k) plans for self-employed people.  They give the person a tax benefit for saving for their retirement.

 

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Definition of the Day Income Trust

Income Trust - It is a type of investment trust, which may have holds in the income-producing assets or replacing it in investment. The income that is produced may be passed on to investors or corporations or the unit holder. Example are of the income trusts are the real estate...

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