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Tip of the Day Build a Nest Egg that is 25 Times the Annual Investment Income You Need

Build a Nest Egg that is 25 Times the Annual Investment Income You Need - When it comes time to retire are you going to have enough money to live...

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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 Exchange Privilege

Exchange Privilege - An exchange privilege is a special feature, which are offered in some of the mutual funds families which allow investors to switch, or swap, from one mutual fund with a family unit to another within the same family fund unit, without paying any additional sales charges. The...

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