A 401k is a tax deferred retirement savings account which allows an individual to save for retirement on a pre-tax basis. Not only are the contributions tax free, but as the account balance grows, the interest income is also tax free. The 401k balance is not taxed until the owner of the account begins to… [Continue Reading]
Understanding the Stock Market
December 5, 2009 By
Insider information in a stock market is defined as illegal trading by individuals who have access to non-public information and who attempt to profit from such knowledge. Insider information is a breach of a fiduciary duty and also includes tipping non-public information. For example, a corporate officer who trades corporate securities after learning of confidential… [Continue Reading]
