Personal Finance FAQs

  1. Is there short selling in China?

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

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

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

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

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

  7. Do nonprofit organizations pay taxes?

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

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

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

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

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

  13. What is cliff vesting?

  14. What is a "force majeure"?

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

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

  17. How do I use a conduit IRA?

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

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

  20. 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?

  21. 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?

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

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

  24. What is the difference between inflation and stagflation?

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

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

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

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

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

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

  31. What is a vest fleece?

  32. What are the differences between chapter 7 and chapter 11 bankruptcy?

  33. Are long-term U.S. government bonds risk-free?

  34. How rapidly can expanding sales reduce a firm's earnings?

  35. How do I go about opening up a Roth IRA?

  36. What is a Ginnie Mae security?

  37. Can 529 plans be used to transfer wealth to other family members if the original beneficiary does not use the money?

  38. What is a good book on creating a trust that would qualify as the beneficiary for an IRA?

  39. Can IRAs be held jointly by spouses?

  40. What are the tax consequences of a Roth IRA distribution if the IRA holder is younger than 59.5?

  41. I want to purchase a five-year period certain single premium immediate annuity (SPIA) with my IRA account. I'm 53. Will the 10% penalty apply?

  42. What is a stock-for-stock merger and how does this corporate action affect existing shareholders?

  43. What are the advantages and disadvantages to dealing with internet-only banks?

  44. Is it possible to fund limited partnership interests with SEP contributions?

  45. I am rolling my 401(k) into an IRA. After a year, can I convert this amount to a Roth IRA tax free?

  46. I sold my house. Can I exclude the gain from my income?

  47. Are any special forms or documents required when transferring an IRA/SEP/SIMPLE to a Traditional IRA?

  48. Which popular professional certification exams do not require sponsorship?

  49. How does online banking assist with budgeting?

  50. Health problems caused me to take my RMD after the deadline. Can I appeal my case to the IRS?

  51. What is estate planning?

  52. What is the difference between a ROTH, SEP and Traditional IRA?

  53. Can private corporations issue convertible bonds?

  54. How do I use the IRS Free File tax forms?

  55. What does investment grade mean?

  56. When you buy a stock in a company, does it necessarily mean that one of the shareholders is selling it to you?

  57. What's the difference between pre-money and post-money?

  58. I have conservative views on investing. How should I go about investing in a Roth IRA?

  59. Can a simplified employee pension (SEP) IRA be converted to a Roth IRA in the same manner that a Traditional IRA can?

  60. When must a company announce earnings?

  61. Can a spouse who is not named as a beneficiary receive assets from an IRA?

  62. How do I sign up for the saver's tax credit?

  63. I have a small business, and I'm considering setting up an SEP IRA. What are leased employees? Does this term refer to outside contractors who receive 1099-Rs? If so, how would the 5305-SEP need to be worded to make it acceptable to the IRS?

  64. I earn more than the income limit for both a Roth and Traditional IRA deduction. Should I contribute anyway?

  65. Is it true that you can sell your home and not pay capital gains tax?

  66. What is the difference between amortization and depreciation?

  67. Who bears the investment risk in 401(k) plans?

  68. Can I roll my 403(b) and 457 into other low-cost venders when I change jobs?

  69. I retired and transferred part of my pension distribution to a Roth IRA. If I am over 55, do I still qualify for the age 55 exemption?

  70. Does everyone have to file a federal tax return?

  71. Can I contribute to both a 401(k) and an IRA?

  72. What is the difference between bad credit and no credit?

  73. What types of plans allow catch-up contributions?

  74. What is the difference between a Keogh and an IRA?

  75. Where does the name "Wall Street" come from?

  76. As a temporary resident of the US, can I withdraw funds from my Traditional IRA without penalty when I leave the country?

  77. I'm about to retire. If I pay off my mortgage with after-tax money I have saved, I can save 6.5%. Should I do this?

  78. Why do companies report earnings at different times?

  79. I have several Roth IRA conversions, each with different custodians. When I spoke to an IRS representative, he maintained that the total amount of the conversions is always available. He told me that at any time I can take out what I had paid taxes on (wi

  80. What are pro forma earnings?

  81. Can the non-spouse beneficiary of an IRA name a successor beneficiary?

  82. I make over $100,000/yr and my adjusted gross income precludes standard IRA contributions. My contributions to my 401(k) plan at work are limited to about $7,000/yr. It seems I'm being penalized for my income. Are there other retirement savings options av

  83. Earnings within a Roth IRA are tax free, so are these earnings included in the modified adjusted gross income which is used to determine Roth IRA eligibility?

  84. I am only 17 years old. I don't have a job or pay taxes. Can I contribute to an IRA?

  85. I have several jobs. Can I contribute the maximum to multiple employer retirement plans?

  86. How do restricted stocks, treasury stocks and stock appreciation rights benefit employees?

  87. Does marrying someone with bad credit affect my credit score?

  88. Will I incur a tax penalty when making withdrawls from my IRA in excess of my SEPP?

  89. What financial certifications or exams do I need to complete in order to qualify for registration as an Investment Advisor Representative?

  90. Should I start taking my RMD based on the amount in my account when I turn 70.5?

  91. Can I hold non-dollar currencies in my retirement fund?

  92. What is a trailing commission?

  93. How can I improve my credit score?

  94. What effect will a prenuptial agreement have on a 401(k)?

  95. Are all bank accounts insured by the FDIC?

  96. Does it make sense to get my house and car insurance at the same place?

  97. What is a blackout period?

  98. Is it possible to reverse an IRA? I received a QDRO and owe money to my ex-husband. Is it possible to reverse the QDRO, which was put into a CD Traditional IRA account, without incurring any type of penalty?

  99. Can I establish more than one IRA?

  100. I'm new to this. Can I sell or buy stock by myself?

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