What Is a Spousal Roth IRA?
admin A spousal Roth IRA is an individual retirement account that belongs to a non-income earning spouse. Because the IRS requires IRA contributions from taxable income, a non-earning spouse would otherwise…
What Is Allocation Cost?
Cost allocation is a method used to assign costs to cost objects for a specific department, project, program, or other area. The methods for cost allocation involve simple calculations, which…
Brace for a Long Battle With Inflation, Economists Say
That’s how many economists expect inflation to stay above pre-pandemic levels through 2023, according to a new poll. The Federal Reserve began its much-anticipated campaign to fight today’s scorching inflation…
What Is a Good Investment?
Key Takeaways The first step to finding good investments is to identify your goals, risk tolerance level, and interests. A good investment fits your financial goals and risk tolerance and…
Ready to Drive 55? Group Proposes Gas-Saving Measures
Should your city prohibit driving on Sundays to help cut gas prices? How about lower the speed limit, reduce subway and bus fares, or run more passenger trains at night?…
What Is a Zero-Coupon CD?
A zero-coupon CD is a certificate of deposit (CD) you purchase at a discount and that doesn’t pay out periodic interest. You’ll obtain the full value of the CD via…
How to Handle Bad References From Employers
Are you concerned about getting a bad reference from one of your previous employers? It can happen, even to the best of workers. Sometimes, your perception of your performance will…
What Is a Payment-Option ARM?
A payment-option ARM is an adjustable-rate mortgage (ARM) with several monthly payment options. It can be an excellent way to secure lower payments and make your mortgage more affordable in…
Questions to Ask in a Second Job Interview
Your phone rings or you get an email letting you know that you’ve been selected for a second interview. Congratulations! You’ve made it over a big hurdle. However, getting through…
What Is a Negative Pledge Clause?
A negative pledge clause is a covenant that warns you against using the same collateral with multiple lenders. This type of clause is often used in loan agreements and bond…