Glossary
You've Been Told Owning a Home Is Better (Financially) Than Renting. But Is That True For Everybody?
Buying a home is one of the biggest financial decisions that you will make in adulthood and for many people, this may be seen as a part of the “American Dream.” While it can feel good to own something rather than rent, it’s not for everybody and can come with costs and limitations.
Phantom Stock for Company Executives: Why It's Not as Scary as It Sounds
As a high-level executive, your company recognizes your valuable contribution to progress and growth. In response, your compensation package looks a little different - and often more complicated - than lower-level employees. Equity compensation, such as stock options, is a common offering for executives, directors and managers. But the type of equity compensation offered may differ. If your company is offering you a phantom stock plan, or shadow stock, here’s what you need to know.
A Federal Wealth Tax Has Been Introduced in the Senate. Here's What Affluent Families Need to Know
Several U.S. senators have proposed new legislation in an effort to raise $3 trillion in tax revenue over the next decade.1 Called the Ultra-Millionaire Tax, this new proposed legislation comes in direct response to the economic turmoil Americans have experienced throughout the COVID-19 pandemic.
April Is Financial Literacy Month. Do You Have These 5 Finance Basics Down?
Working with a trusted financial professional is important when it comes to strategizing and preparing to meet your financial goals. But as most of us handle money on a daily basis, it’s important to have an in-depth understanding of the fundamentals of financial literacy. Below we’ve identified five financial basics everyone should know. Understanding these important concepts can serve as a basis for your financial standings.
Your Employer Suspended Its 401(k) Matching During COVID-19. Now What?
If your employer has recently made an adjustment to its 401(k) offerings, you may be considering how this could impact your future retirement - and what next steps you should be taking.
Loss of Income, the Paycheck Protection Program, and the Stimulus Package: A Guide for Small Business Owners
Self-employed individuals and small businesses account for a significant portion of our country’s economy. During a global pandemic, like the one we’re experiencing now, small businesses suffer some of the hardest hits. On March 27, 2020, President Donald Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law, allocating funding to support the U.S. economy and workers through the coronavirus outbreak.
![[Infographic] The $2 Trillion Economic Stimulus Bill Has Passed: Here's an Overview Thumbnail](https://static.twentyoverten.com/5c057b7824b1ae1d5efa789e/5SYwUrpDPrv/the-dollar2-trillion-economic-stimulus-bill-has-passed-copy.jpg)
[Infographic] The $2 Trillion Economic Stimulus Bill Has Passed: Here's an Overview
In wake of the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act has been passed. Here's a quick breakdown of how businesses and individuals can expect to be impacted.