Pension funds are a type of plan where employers, employees, or a combination of both pay into a fund to provide retirement benefits to employees. This pension money is invested in a variety of financial securities over many years. The money grows and is paid to employees to provide themContinue Reading


Compiled vs. Certified Financial Statements: An Overview All publicly traded companies in the U.S. must provide regular financial statements to their investors and to the public. This information is required by law by the Securities and Exchange Commission (SEC). These statements give investors a financial snapshot of a company’s immediateContinue Reading


If you leave your job and leave behind a SIMPLE (Savings Incentive Match Plan for Employees) IRA, you have the option to roll over the SIMPLE IRA balance to a traditional IRA, another SIMPLE IRA plan, or—depending on your new employer’s plan—you may be eligible to roll the funds intoContinue Reading


On February 3, 1690, the Massachusetts Bay Colony was said to have issued the first paper money in the United States. The purpose was to help fund military action against Canada during King William’s War. Massachusetts was indeed a truly pioneering colony when it came to money, as they were alsoContinue Reading


Online financial advisors, known as robo-advisors, can be found at many financial institutions such as Fidelity Institutional, Betterment, Charles Schwab Corp., and others. In fact, nearly every financial company either has its robo-advisor or is in partnership with one. Is robo-advisor right for you? The answer, like most questions inContinue Reading