The process of planning to ensure an orderly disposition of assets. This includes the preparation of wills, setting up trusts and exploring strategies for avoiding costly estate and other taxes. The annual percentage of total operating expenses and management fees deducted from the returns on mutual funds. TOP Fixed Income Investments Financial instruments that pay the same amount of income each year until maturity, i.e., bonds. Often, employers will match a portion of contributions made by employees.
Federal law limits the total amount contributed in a given year.
An agreement to buy or sell a financial instrument or commodity at a certain price by a certain date. The common stock of a company with expectations for faster earnings growth than the general market. These bonds have higher interest rates than investment grade bonds, but also have a higher probability of default. A second mortgage on real property secured by a home. A financial statement that summarizes a company's revenues and expenses during a specific accounting period.