Personal Finance FAQs

  1. When holding an option through expiration date, are you automatically paid any profits, or do you have to sell the option and pay commissions?

  2. How do I choose which insurance company to use?

  3. What is disability-income insurance?

  4. If my spouse passes away, will I have to sell my home to meet creditor obligations?

  5. How do I value the shares that I own in a private company?

  6. Should I pull my money out of an annuity if the insurance company is having financial problems?

  7. Where did the term "tenbagger" originate?

  8. Does a company logo change require a material disclosable event?

  9. What is an elimination period?

  10. Is there a limit on the amount of disability insurance that I can buy?

  11. What changes might I need to make to my insurance?

  12. How much life insurance is enough?

  13. What are the benefits of credit ratings?

  14. How do I stop emotional spending?

  15. When is the best time to purchase long-term care insurance?

  16. Which insurance policies do I really need?

  17. What documents should I have ready in case my partner or I should die?

  18. Which of the following accounts does ERISA cover?

  19. Will Medicare pay for long-term costs?

  20. How is my insurance premium calculated?

  21. What is the "three-legged stool"?

  22. Why might one insurance policy cost more than another?

  23. Is it possible to short sell real estate?

  24. Which of the following BEST describes a wash sale?

  25. What is long-term care insurance?

  26. What is indexed universal life insurance?

  27. What is pension maximization?

  28. Is it wise to put an IRA account into a fixed or variable annuity?

  29. What is moral hazard?

  30. Which statement(s) is/are FALSE about market risk?

  31. What is long-term care?

  32. Is there a correlation between inflation and house prices?

  33. What are activities of daily living (ADL)?

  34. What was the first company with a $1 billion market cap?

  35. Why should I invest in the market when I can buy and sell houses or cars?

  36. What are some cheaper alternatives to sending children to summer camp?

  37. Is there short selling in China?

  38. A lot of retirement projections seem to assume an 8% rate of return. Is this realistic?

  39. What is a "phishing scam" and how can they be avoided?

  40. How did Dow Chemical defeat an international monopoly in the 1900s?

  41. What's the difference between EBITDA, EBITDAR and EBITDARM?

  42. Why does the IRS withhold income taxes from employee paychecks?

  43. Do nonprofit organizations pay taxes?

  44. When is it a good idea to take out a loan to invest?

  45. Why are credit cards able to charge such high interest rates compared to other lenders?

  46. Should a Canadian citizen who lives and works in the U.S. continue to contribute to a RRSP account?

  47. I overcontributed to my Roth, then lost half of this money to the market. Does the 6% penalty apply to my original contribution, or only what's left of it?

  48. What is the difference between a gilt edged bond and a regular bond?

  49. Why is Frank Quattrone credited with contributing to the growth of the dotcom bubble?

  50. What is cliff vesting?

  51. What is a "force majeure"?

  52. Which credit card company holds the honor of most profitable IPO?

  53. Why is a "hockey stick bid" considered fraudulent?

  54. How do I use a conduit IRA?

  55. What does it mean when advertisers say that "financing is available"? Should I trust them to give me a good deal?

  56. We are in a 401(k) at work. Can we also do a Roth each year? If we can, can it also be deducted from our taxes?

  57. Do I still have to pay penalties and taxes on money that I don't roll over from a DROP fund?

  58. A customer has the following in his long margin account. Market value: $18,000, debit balance: $10,000 and SMA: $2,000. How much of the SMA may be used to purchase additional securities?

  59. How do companies like Moody's rate bonds?

  60. Is a person an active participant in an employer-sponsored retirement plan if he or she was only active for a short time?

  61. What is the difference between inflation and stagflation?

  62. What is the history behind today's bankruptcy laws?

  63. What are the penalties for withdrawing from my Traditional IRA less than a year after acquisition?

  64. What business processes were used to establish the Chevrolet motor company?

  65. Am I entitled to any of my ex-spouse's retirement plan benefits?

  66. What happens when someone is given the golden boot?

  67. How did currency trader John Rusnak hide $691 million in losses before being caught for bank fraud?

  68. What is a vest fleece?

  69. What's the difference between bottom-line and top-line growth?

  70. How are a company's financial statements connected?

  71. If an individual still has his or her former spouse as the beneficiary of an IRA, does the former spouse receive the assets upon the individual's death?

  72. I am a teacher in a public school system and I don't presently have a 403(b) plan, but I do have some money in a Roth IRA and also a self-directed IRA. Can I roll my IRA funds into a newly opened 403(b) plan, since I am presently employed by the school sy

  73. When should I take my Canadian Pension Plan distributions?

  74. I made involuntary contributions to a retirement plan while temporarily employed. Can I withdraw these funds without penalty?

  75. My mother inherited my father's IRA. When she died, I received an account application listing me as the beneficiary, as well as notice that my brother and I will have to take my mom's required distribution. My brother is nowhere to be found. How should I

  76. Can an employer adopt a different type of retirement plan for each employee?

  77. How does the marginal tax rate system work?

  78. Is an employee eligible for an SEP if the plan has already been set up for other employees?

  79. I withdrew funds from my Roth IRA to contribute elsewhere. How will I be taxed?

  80. Why do companies postpone earnings announcements?

  81. Can I contribute to my company-sponsored 401(k) after the company's year-end but before its tax-filing date?

  82. How can I reduce the taxes on my inherited retirement assets?

  83. How do I file taxes for income from foreign sources?

  84. What constitutes an "intention to call a debt instrument before maturity" for tax purposes?

  85. How does a credit crunch occur?

  86. I failed to distribute an inherited 401(k) that was found in an audit. What happens now?

  87. What is a rainmaker?

  88. I'm worried about the economy and want to move my IRA funds from stocks and bonds to cash. Will I taxed for this?

  89. Who qualifies as "single" for tax or retirement purposes when spouses do not live together?

  90. I work for a university, and I have a 403(b) with TIAA-CREF. But TIAA-CREF says I cannot transfer money to another provider. Can they prevent me from transferring my money to a better investment?

  91. Can I, without tax penalties, use the IRA I inherited from my father to buy a home that I will live in? He was 72 and had started taking small payouts on it.

  92. Can you have a 403(b) and also contribute to a 401(k)?

  93. What do you do for a non-spouse beneficiary receiving a required minimum distribution (RMD) when the plan terminates? Is the purchase of an annuity the only option? Any thoughts on whether an IRA could be opened?

  94. What's the difference between a bank guarantee and a letter of credit?

  95. Upon my death, will the beneficiaries of my IRA be compelled to take the entire amount in the IRA as ordinary income, forcing them into unusually high income tax brackets?

  96. What is the difference between a Traditional and a Roth IRA?

  97. What are the risks of investing in a bond?

  98. Which is a better measure for capital budgeting, IRR or NPV?

  99. I am in the second year of taking SEPP distributions from my IRA. Can I transfer some of the funds to a new IRA with different investment options?

  100. Are credit cards and debit cards considered debt instruments?

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