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Tip of the Day Bunch your Deductions into One Year

Bunch your Deductions into One Year - Every year it gets harder to do your taxes and receive a return, but part of good planning is to make sure that...

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Service Fee

Service Fee The service fee is in place to give adequate financial compensation to any financial planners or brokers that are used over the course of an investment. This is part of the 12b-1 fee that is present in most mutual funds, but it cannot be any higher than 0.25% of the fund's value. This is a shareholder's service, so it is agreed upon by all investors before anything is implemented. In some cases, the service fees might be waived, however, as is the case with some retirement funds. In those cases, however, a yearly fee will be taken instead of an end service fee.

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Definition of the Day Majority Shareholder

Majority Shareholder - Majority Shareholder is a shareholder who is part of a group that controls more than half the outstanding shares of a corporation. A single shareholder who controls more than half a corporation's outstanding shares, or sometimes, one of a small group of shareholders who collectively control more...

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