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A 457 is a deferred compensation arrangement that is available to some government employers and non-profit organizations.
A 457 Plan, offered to state and local public workers and employees of a few nonprofit organizations, functions similarly to a 401(k) or 403(b): the contributions are automatically deducted from your paycheck before taxes and transferred into your account, where they grow tax-deferred until retirement.
The contribution limit is the elective deferral limit ($18,000 in 2016), plus catch up contributions if you’re over 50. They are technically considered unfunded, non-qualified deferred compensation arrangements.
An option is Out Of The Money (OTM) if it isn’t profitable for the option holder to exercise it
A put option gives the owner of the option/contract the right to sell a stock at the strike price named in the contract
Any employer can offer a Defined Benefit plan, but not many do anymore. Most companies offer Defined Contribution Plans
You are able to deduct all of your contributions into a Traditional IRA as long as you (or your spouse) are not a
A loss refers to reduction in the value of an investment, or in business terms, to having expenses outweigh revenues
Dilution is the disassociation of value from current common stock shares due to the issuance of additional shares
A Global Depository Receipt is a security which represents ownership in shares of a foreign corporation
Monetary policy is the stance of the central bank at any given time regarding the tightening or loosening of rates
FinCEN is an agency of the Treasury Department responsible for preventing financial crimes, and they have taken steps toward regulations for cryptocurrency transactions
ICO is an acronym for Initial Coin Offering, and it is the primary way that new companies can use blockchains to raise capital