Have you ever felt like all the fancy investment terms and strategies were too much to handle? I know I did! When I first started investing, I was flooded with terms like “derivatives,” “leveraged ETFs,” and “technical analysis patterns.” It was enough to make my head spin!. That’s when I discovered the KISS Rule of … Read more
With all of the options out there, it can be hard to choose which trust is best for you. Trust Point is here to help. We’ve put together this glossary to define some of the most common types of trusts and why they’re used. Continue reading to learn more about which trust is best for … Read more
If your employer allows 401(k) trading, you may want to trade securities with your 401(k) money. Find out how often you can buy and sell in your 401(k). 3 min read. Originally, a 401(k) account wasn’t meant to be a brokerage account where employees could trade securities. Instead, it was meant to be a place … Read more
If youâre struggling with money or trying to pay off debt, it can feel like youâre just barely keeping your head above water. And if things get bad enough, it may be tempting to use some of your retirement savings to make things easierâespecially if retirement looks far away. While this might help in the … Read more
If you’re navigating the probate process after the loss of a loved one, working with an experienced Los Angeles probate attorney can help ensure the estate is handled properly and disputes are avoided. An executor is the person or entity nominated in a will to administer the estate of the deceased person as directed by … Read more
The National Academy of Social Insurance provides this information to help those seeking to better understand Social Security, which continues to be a cornerstone of retirement security for American workers and their families. We encourage you to use the information on our site to increase your familiarity with social insurance programs as they currently exist … Read more
Hey there! If you’ve been wondering whether pensioners receive a P60, you’re definitely not alone. This question pops up all the time, especially for those approaching retirement or who’ve recently started receiving pension payments. Let’s clear this up once and for all! The Short Answer: Yes, Pensioners Do Get a P60! Pensioners who receive a … Read more
The Registered Retirement Savings Plan (RRSP) and the Tax-Free Savings Account (TFSA) are only available in Canada. They each have their own rules for investing and uses. Most Canadians know these plans exist, and hopefully have funds in one or both of these important account types, but many people don’t know how to use them … Read more
If your income is below a certain level and meet other requirements, you can put money into a Traditional, Rollover, SEP, or SIMPLE IRA before taxes. You don’t have to pay taxes on the money until you take it out. IRA withdrawal rules and penalty details vary depending on your age. Are you stressing about … Read more
Many people believe that hiring a financial advisor is essential for making good investment decisions. This myth has been reinforced by decades of marketing from many financial advisors, but the truth is, many investors who manage their own money often achieve better results than those who rely on advisors, without fees eating into their returns … Read more