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Tip of the Day Have An Emergency Fund

Have An Emergency Fund - In life, things happen that we don't expect, car breaks down or an appliance dies, and unless you have an emergency fund tucked away you...

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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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Definition of the Day Claim Dilution

Claim Dilution - a claim dilution is a decrease in the likelihood that one or more parties in a contract will be repaid in full.  A dilution is a change on earnings per share of a stock, and a claim dilution may occur if the following happens. A company adds...

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