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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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Rabbi Trust

Rabbi Trust This type of trust was originally developed for a rabbi and is set up for employees of a company as a compensation plan. This trust fund is highly regulated to prevent employers from having any access to the money once it is placed into the fund, although the money can be forfeited if all of the strict guidelines are not met. There is always a risk of forfeiture, so the employer must be very careful to have a rabbi trust fund managed very carefully, which can be difficult since the employer is not able to access any of the money for any reason whatsoever.

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Definition of the Day Hyperinflation

Definition: Hyperinflation is extremely rapid inflation.  During hyperinflation, the cost of goods rise at an extraordinary rate. TeenAnalyst Advice: Hyperinflation usually...

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