A trust that is set up by an individual while still alive. The primary goals of living trusts are asset management and transferral of property outside the probate process. There may or may not be tax advantages. The yield for these accounts are usually less than that of money-market funds. Includes stocks traded in Europe, Australia and Far East exchanges.
Total return is calculated in U.S. dollars.
Over the counter is mainly a market made over the telephone. Securities are traded by dealers who act either as principals or as brokers for customers. The over the counter market is the principal market for U.S. government and municipal bonds. Primary insurance amount or social security benefits for which you are eligible. A defined contribution plan where employees can make pre-tax salary contributions.