The kiddie tax is a tax on investment income received by a minor child from an investment controlled by a parent. A parent with a high tax rate on his or … Read more →

Net asset value (NAV) is the total value of the investments owned by a mutual fund after subtracting costs, expressed in dollars per share. Investment companies own dozens or hundreds of individual … Read more →

Preferred stock is a type of investment that provides both income and the possibility of growth. Most investors in companies buy common stock. Bondholders also are invested in a company’s future. A bond … Read more →

A tax bracket is a range of personal income subject to a federal or state tax rate. People often talk about their individual tax bracket, but the reality is a bit … Read more →

A required minimum distribution (RMD) is an annual taxable withdrawal from your retirement savings dictated by IRS regulation. When you open an individual retirement account (IRA), the money you place there … Read more →

The S&P 500 is a list of 500 stocks recognized as representative of large-cap companies in the United States. Created by Standard & Poor’s (S&P), the S&P 500 Index of equities is … Read more →