Tag: ACT
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Employee Rights After Termination
Your Rights Upon Termination of Employment Since termination can happen to anyone, often without prior notice, it is very important to be prepared for a job change. Regularly update your resume, even if you don’t think you’ll need it soon. Keep your LinkedIn profile up to date, and stay in touch with your network. Have…
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Learn About Options for Selling Futures Contracts
Introduction Put options on futures contracts are one of the derivatives financial instruments that grant the buyer the right, but not the obligation, to sell a particular underlying asset or security at a specified strike price before the contract’s expiration. Put options on futures are an effective way to take a short position in a…
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Advantages and disadvantages of a 30-hour workweek
The Origin of the 40-Hour Work Week The 40-hour work week has been the standard in the United States for over 80 years. However, many companies and countries are experimenting with or adopting 30 or 32-hour work weeks. Since 2016, Amazon has begun using a 30-hour work week for some groups. In exchange for a…
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What is the Homeowners Protection Act?
The Homeowners Protection Act (HPA) is a law that protects consumers from paying excessive amounts for private mortgage insurance (PMI). The Homeowners Protection Act was passed in 1998 to address the abuse and confusion related to homeowners’ requirements to pay for private mortgage insurance (PMI). The law requires that mortgage lenders inform borrowers of their…
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What is temporary income?
Temporary income determines whether you will have to pay federal income tax on a portion of your Social Security benefits. Temporary income is defined as your adjusted gross income plus half of your Social Security benefits, plus any taxable income you received during the tax year. Temporary income is compared against certain thresholds to determine…
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How to Turn Your Small Business into a Big One
Recovering Existing Customers Attracting new customers isn’t the only way to grow your business. Often, your existing customers are the best bet for increasing sales, and studies have shown that improving customer retention also increases company value. Customers who have purchased your products once are likely to do so again, especially if they have a…
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How to Calculate Your Expected Social Security Benefits
Are You Eligible for Social Security Benefits? To be eligible for Social Security benefits, you must earn at least 40 credits throughout your career. This calculation of credits is complex, but you are likely eligible if you have worked for at least 10 years. You may also be entitled to spousal benefits based on your…
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What is the date of credit card issuance?
Definition and Examples of Credit Card Posting Date The credit card posting date is the date when the transaction is applied to your account balance. The transaction is processed by the card issuer and recorded on your account. Charges that have been approved by the issuer may immediately appear as “pending,” but they do not…
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Causes of Economic Recession
Economic recessions can be caused by many different factors, including loss of consumer confidence, high interest rates, stock market crashes, and asset bubble bursts. Most events that cause an economic slowdown can also lead to a recession if not addressed. Does GDP indicate a recession? A decline in gross domestic product (GDP) growth is often…
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What is the cost of applying to the university?
The cost of applying to college may not be as much as you expect, as there are many waivers and deferrals available for many students. However, fees and costs may still increase, along with future college expenses. Application Fees Every university or college typically charges an application fee. The Balance analyzed application fees at 14…
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Can debt collectors send text messages under the FDCPA?
If you’ve received a text message from a debt collector, you may be wondering if that’s legal. While it is certainly uncommon, there is no prohibition against debt collectors contacting you via text messages. Knowing your rights and the law can help alleviate some of the stress associated with debt collection. Debt Collection Law The…
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What is a savings account for cryptocurrencies?
A cryptocurrency savings account is a type of account that allows you to deposit cryptocurrencies and typically pays interest on those deposits in return. Definition and Examples A cryptocurrency savings account provides a place to deposit your cryptocurrency assets. Interest is usually paid on deposits, unlike holding cryptocurrencies in a cryptocurrency wallet. Just like with…
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How to Deal with Personal Issues at Work
In many cases, personal issues can negatively affect your work. Many personal problems, including financial issues and relationship problems, can lead to difficulties at work. However, these difficulties can be alleviated by sharing personal issues with your employer and taking the time to care for yourself. Common Personal Problems in the Workplace Many personal problems…
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What is the Commodity Futures Trading Commission (CFTC)?
The Commodity Futures Trading Commission (CFTC) is a federal government agency that regulates the commodity futures markets. The responsibilities of the CFTC include overseeing options and futures contracts on agricultural products, metals, foreign exchange, and the exchanges on which they are traded. Definition and Example of the Commodity Futures Trading Commission In 1974, the federal…
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Tips for Buying a Home in Another State
Most people find the experience of buying a home in another state extremely overwhelming, especially when they are not familiar with the new area. Buyers coming from out of state can be at a disadvantage because they may not know the best neighborhoods, school districts, local and state laws, or anything else for that matter.…
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سند الأمانة هو مستند قانوني يُستخدم لضمان أمانة أو ائتمان أو دين مُستحق. يُعتبر هذا السند بمثابة دليل على التزام المدين بسداد المبلغ المُستحق للدائن في وقت محدد. يتضمن عادة تفاصيل حول المبلغ المُستحق، وتاريخ السداد، وشروط الإرجاع. يعمل سند الأمانة كوسيلة لضمان حقوق الدائن وحماية مصالحه في حال عدم سداد المدين.
A surety bond is a type of insurance that protects a person from losses caused by others, such as theft, forgery, fraud, or embezzlement. A surety bond protects clients and others from harmful, unethical, or improper business practices in any way. Definition and Examples of Surety Bonds A surety bond is a type of insurance…
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What is the law of truth in saving?
Definition/Example of the Truth in Savings Act How the Truth in Savings Act Works History of the Truth in Savings Act Definition/Example of the Truth in Savings Act The Truth in Savings Act requires financial institutions to provide certain disclosures about deposit accounts available to consumers. It mandates banks to be transparent about the fees…
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When can a company withdraw a job offer?
Many job applicants wonder if the job offer extended to them is fixed once it is made. Unfortunately, the answer is no. In many cases, employers can rescind a job offer for any reason or no reason at all, even after you have accepted their offer. When Can a Company Rescind a Job Offer Organizations…
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Should You Disclose Your Disability When Job Searching?
In this article, we will discuss whether you should disclose your disability while job hunting. We will cover the laws related to the rights of individuals with disabilities in the workforce and the considerations to take into account when deciding to disclose your disability. We will also discuss whether you will need to provide special…
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Tips for Getting a Job When You Are Pregnant
Getting a Job When You’re Pregnant Pregnancy can be challenging, and so can job hunting. Combining the two presents a unique challenge. A pregnant woman looking for a job may wonder whether she should share the news with interviewers – and when. Simple tasks like choosing appropriate interview attire may take hours instead of minutes,…
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How to Search for a Job as a Mid-Career Candidate
Successful Strategies for Job Searching in Midlife Searching for a new job in midlife is different from when you first entered the job market. Many aspects of the process are easier: as a midlife candidate, you can rely on your work history or career record to support your application for the position. In addition, you…
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Advantages and Disadvantages of Working as a Freelancer
Advantages 1. You are your own boss: As a freelancer, you are your own boss, which is the primary reason some people choose to work as freelancers or independent contractors. If you are a contractor working on a client site, you may work alongside the employees, managers, and executives of that company. However, these people…
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What is wage transparency?
Wage transparency is a practice where employers disclose salary data during the hiring process or within the organization. Different companies vary in degrees of wage transparency, ranging from providing salary ranges for job titles to offering a complete list of salaries for everyone in the company, from the CEO to the lowest levels. How does…