A trustee manages assets for the beneficiaries of a trust, estate or other party. A custodian is the organization that actually holds the assets. A trustee can leave the assets in the custody of a bank or other institution. The bank secures the assets, but as a custodian it does not receive authorit

PF is one of the most popular savings tool in India. It is one of the best investment vehicles as far as retirement planning is concerned. Let us understand PF in detail. As a part ...

The Social Security Administration provides benefits and assistance to workers who can no longer work. To qualify for disability benefits, a worker must suffer from a serious injury or ailment that is expected to result in death or last at least 12 months. Additionally, the condition must prevent th

An estate is opened when the court is notified of a person's death. If a will exists, it is examined to see who will administer the estate. If there is a trust, a contingent trustee will be responsible for executing the estate. An estate closes once all the business of deceased is finalized and asse

The Social Security Act protects both workers and their families from hardship---and this includes wives, husbands, children and ex-spouses. Spouses may receive a benefit that equals the amount of their working spouse's benefit, as long as the worker meets requirements specific to the benefit the co

Roth IRAs were introduced in 1997 as an alternative to the Traditional IRA. Instead of taking a tax deduction when you make the contributions, you are able to withdraw the contributions and earnings tax-free at retirement. But there are income limitations that determine if you can contribute.

Creating an effective financial plan on a monthly basis could be seen as a mundane task, but all the same it is a very important one that needs to be done. Being told how to ...

The national debt is on a rising path - a track that poses risks to the economy, concludes the CBO in its annual €Long-Term Budget Outlook.' Spending is projected to rise, too. Americans, your government ...

Online thing exchanging consultants might be people or associations that exhort individuals on purchasing or offering wares. They are enlisted with the Commodity Futures Training Commission. Enrollment for product exchanging consultants is carried out through ...

A Roth Individual Retirement Account is a retirement savings account offering eventual tax-free income. Normal distributions in a Roth happen when you've owned the IRA for at least five years and are at least age 59 1/2. Under certain circumstances, a Roth IRA owner can claim a loss on a Roth IRA.

IRA accounts are a popular way to invest money for retirement. Beyond the commonly known traditional IRA and Roth IRA, which are established by an individual, there are IRAs that are used for small businesses. The SEP-IRA and SIMPLE-IRA are IRA accounts that can be used by small companies to offer r

We all love to save money, and retailers make a fortune by offering us bargains on a regular basis. Smart consumers can save more with a sound strategy to spend money to make money than by battling the crowds at highly publicized sales. In fact there are so many ways to spend money to save money the

Sex. Chores. Money. These are the three biggest causes of conflict in romantic relationships and marriage. In poor economic times, money issues come to the forefront of many arguments between couples.

According to U.S. law, a person can only attempt to collect a debt from the person who owes him money. Even if a person related to the debtor has assets that are available for seizure, the creditor cannot seize this money. This would include a bank account that is not in the debtor's name. This mone

Get your checkbook and ledger book, gather your ATM and deposit receipts and grab a calculator and a pencil. It's time to do some balancing!

Supplement your income by trying out money making techniques.Robert Kirk/Photodisc/Getty ImagesWhether you are looking for a long-term way to supplement your existing income or are in a pinch and need money fast, you can earn money easily in many interesting ways. Though quick money...

Forbearance occurs when a student loan lender agrees to temporarily release a borrower from the obligation to make scheduled repayments. This is a voluntary decision on the part of the lender and is usually granted based on the borrower being in serious financial difficulty, or in other unusual circ

Raw intelligence does not offer a guarantee for career success, but certain general intelligence factors can contribute to steady or rapid career growth. Thinking that high college test scores and IQ levels can put you on autopilot to wealth is a mistake; knowing how to leverage your intelligence in

The California Employment Development Department administers the California State Disability Insurance program. The California disability insurance program is entirely funded by employees who work for California employers. Short-term disability insurance coverage allows temporarily disabled workers

Struggling with debt is not a necessity when helpful solutions are available that can alleviate some of the payment problems. Debt consolidation is one of the available solutions when loans and credit cards are starting ...