Terms

A defined contribution retirement plan under which employer contributions are based on a fixed percentage of compensation. Contributions are required […]

A mortality table is a statistical table showing the death rate of people at each age, usually expressed as the

Mortgage-backed securities, or MBS, are bonds or notes backed by a pool of mortgages on residential or commercial properties. As

Municipal bonds or “munis” are debt issued by city, state and local governments to finance various projects. Bond proceeds are

The common name for an open-end investment company. Like other types of investment companies, mutual funds pool money from many

National Association of Securities Dealers Automated Quotations is a computerized system that quotes securities traded over the counter and on

Represents the per share price of a mutual fund. With closed end funds and ETFs, the true NAV is not

Income after taxes, interest, depreciation, and other expenses have been deducted.

Located on Wall Street in New York, this is the oldest and largest stock exchange in the U.S. Also known

One of the choices available if the policy owner discontinues premium payments on a policy with a cash value. Options