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Tip of the Day

Tip of the Day Insure Yourself Against Financial Ruin

Insure Yourself Against Financial Ruin - One of the things most often left until last on the must have list is health insurance, which is exactly the wrong thing to...

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Withholding

Definition: The amount withheld from a paycheck or investment account in order to pay a tax liability.

Advice: Federal and social security taxes are withheld from paychecks and placed into tax and loan accounts with banks.  This money is then paid to the government as part of your tax liability.  If you have a particularly large tax liability, you may be required to withhold a greater portion of your paycheck in order to ensure that your tax liability is met.

 

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Daily Definition

Definition of the Day Savings Bonds

Definition: Savings bonds are issued by the federal government to average investors.  They are non-marketable, interest-bearing securities. Advice: Savings...

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