High Net Worth Living

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  1. How To Parent Your Aging Parents

    For sandwich generation, planning ahead is key to good elder care.
  2. The Most Expensive American Cities

    Some of the most beautiful places in the U.S. are also the most expensive - here's why.
  3. Top 10 Most Expensive Medical Procedures

    As if being sick isn’t bad enough, the price of these procedures just might kill you.
  4. 6 Major Collectibles Payoffs

    From comics to records these rare items scored unbeatable returns for those who were able to recognize their value.
  5. Dependent Care Credit

    A nonrefundable tax credit offered to taxpayers who pay out-of-pocket expenses for child care. The dependent care credit ...
  6. Gross-Income Test

    One of the five necessary tests that dependents must pass before they can be claimed as such in the U.S. The gross-income ...
  7. Relationship Test

    One of several tests that a person must pass in order to be claimed as a dependent on someone else's tax return. The relationship ...
  8. Citizenship Test

    One of the key criteria set forth by the IRS that a person must satisfy in order to be claimed as someone else's dependent. ...
  9. Bona Fide Foreign Resident

    Any resident of a foreign country that meets the IRS criteria for the bona fide residence test. This test classifies any ...
  10. Support Test

    One of five tests that must be passed in order to claim someone as a dependent. The Support Test mandates that the taxpayer ...
  11. Handling Family Looking For A Handout: It's Elemental

    If your siblings tend to you for money, head them off tactfully by teaching their kids about finance.
  12. A 529 Plan Fit For An Ivy League Education

    The Independent 529 plan offers a unique investment for those wanting to send their kids to the best colleges in the U.S. ...
  13. Biggest Millionaire Flops

    The next time portfolio losses have you down, just be glad that you can blame some of your woes on the market, rather than ...
  14. How And When To Switch Your 529 Plan

    Just as with any investment, you should review your plan to make sure it's meeting your needs.
  15. Leaving Inheritance To Children Easier Said Than Done

    Consider your own retirement needs when deciding whether to leave an inheritance.
  16. As a temporary resident of the US, can I withdraw funds from my Traditional IRA without penalty when I leave the country?

    Should you decide to invest in a Traditional IRA and receive a tax deduction for your contribution, the amounts that you ...
  17. Can I contribute to both a 529 plan and a Coverdell education savings account?

    You can contribute to both, and when your child is ready to attend college, as colleges do accept payments from both. There ...
  18. What options do I have to save for my child's education?

    There are numerous options available to invest savings for a child's education: State-sponsored "529" college savings plans: ...
  19. Dually Employed With Kids - DEWKS

    A household in which there are children and both partners earn an income.
  20. Child And Dependent Care Credit

    A non-refundable tax credit for unreimbursed childcare expenses paid by working taxpayers. The Child and Dependent Care Credit ...
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Hot Definitions
  1. Money Market

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  2. Perfect Competition

    Pure or perfect competition is a theoretical market structure in which a number of criteria such as perfect information and ...
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    Compound Interest is interest calculated on the initial principal and also on the accumulated interest of previous periods ...
  4. Income Statement

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    A leverage ratio is any one of several financial measurements that look at how much capital comes in the form of debt, or ...
  6. Annuity

    An annuity is a financial product that pays out a fixed stream of payments to an individual, primarily used as an income ...
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