Required minimum distributions (RMD) are mandatory withdrawals seniors must take from their retirement accounts starting at age 73. RMDs are not a set dollar amount. Rather, they're a sliver of your ...
One of the biggest advantages to investing in a qualified retirement plan like a 401(k) or an individual retirement account (IRA) is tax-deferred growth on your savings. But you can’t keep avoiding ...
Photo: 401kcalculator.org via Flickr. Preferred stock is a special type of stock that trades on an exchange but works more like a bond than common stock. Like a bond, preferred stocks are bought ...
Preferred stock offers consistent dividends like bonds, based on a fixed "par value." Dividends are calculated by multiplying the stated rate by the par value. Quarterly dividends are found by ...