SIMPLE IRAs will have various kinds of investment options, depending on the trustee company that holds the plan assets. SIMPLE IRA investments are determined by the financial institution at which your SIMPLE IRA is established.
When opening a SIMPLE IRA, be sure to check what investment options the financial institution offers as well as the fee structure. Standard ERISA rules apply, meaning that all employees must be offered the same thing. SIMPLE IRAs can only be held at trustee companies whose business model is on the IRS’s list of approved SIMPLE Trustees.
These include banks, mutual fund companies, insurance companies which offer annuities, broker-dealers, and so on. Some will only offer a few proprietary options, some may offer a full range of choices from the exchanges on which they can broker securities.
In short, a bubble forms when investors start bidding up the price of an asset well beyond its intrinsic value
Currently, in order to contribute to an ESA at all, you and your spouse must make less than $220,000 per year (combined)
An uptick is an incremental increase in the trading price of a security. How much this rule works has been debated
A business with a fast ‘cash conversion cycle’ can efficiently use funds to fulfill the different needs of the business
A mortgage is a debt instrument typically used as a finance mechanism to purchase real estate
Counter-party risk is the risk that the person on the other side of the trade will not meet his or her obligations
The Discount Rate is the minimum interest rate the Federal Reserve will charge for lending to commercial banks
A bankruptcy trustee is appointed to oversee the liquidation of a debtor’s estate
Pegged currencies are not discussed often in the Forex market because their value is tied directly to the value of another
The Triple Bottom pattern appears when there are three distinct low points that represent a consistent support level