Great Idea Lousy Name GREAT IDEA LOUSY NAME Obviously, nobody asked the marketing guys before coming up with this one Who in the world thought up the name "non-qualified deferred compensation?" Oh, it's descriptive alright But who wants anything "non-qualified?" Do you want a "non-qualified" doctor, lawyer, or accountant? What's worse is deferring compensation How many people want to work today and get paid in five years? The problem is, non-qualified deferred compensation is a great idea; it just has a lousy name Non-qualified deferred compensation (NQDC) is a ...

Cash For Annuity If you ever wondered if it is possible to receive cash for annuity investments that you currently hold, the answer is yes in most of the cases The final answer will depend on the type of annuity that you hold and specific contract provisions But in the majority of the cases you will be able to sell your investment and receive cash for annuity Before you decide to sell your annuity you should check if any fees would be applied to you in case ...

Selling Annuity Many people who have some type of annuity investments (fixed, variable or indexed) are not aware that selling annuity is actually possible and is commonly done by many investors There could be many different reasons why you may want to consider selling annuity investments For example you may have a better investment option that will earn you more money by offering a higher interest rate You may need more money to invest in something else like purchasing a new house, stating an educational program or changing ...

Where To Get A Loan : Consumer Finance Companies If you have no or poor credit background, a consumer finance company may be an option Unlike banks and savings and loan associations, these finance companies borrow money from other sources and then lend that money out to the consumer The spread, or difference between the interest rate that the finance company pays to borrow the money and the interest rate the company charges you, needs to be large enough for the finance company to profit, so the ...

Finance And Divorce Are Your Finances Prepared For Divorce? Life is hard and nothing is more testing and straining than going through a divorce A divorce can indeed be a stressful time without the added pressures on ones finances Besides emotional erosion, a divorce is also known to be a costly event in a person's life; however provisions can be made by both parties to ensure that the financial strain incurred through divorce is made to be an equally-shared responsibility The best way to ensure that your divorce ...

Cancelling Pmi Cancelling PMI The Federal Government passed a private mortgage insurance (PMI) reform law, effective July 29, 1999 Known as the Homeowners Protection Act of 1997, the new law amends the Federal Truth in Lending Act and could save some homeowners more than $1,000 a year in PMI payments The key provision in the new law forces most lenders to automatically cancel PMI when a homeowner pays down their mortgage balance to at least 78 percent of the home's original purchase price Homeowners also may apply to ...

The Credit Repair Organizations Act (croa) And You If you have negative information in your credit file, as reflected by the Big Three reporting companies, Experian, Equifax, and TransUnion, proves to be accurate, there is little you can do about it Only the passage of time will guarantee that information's ultimate removal from your file The reporting companies will generally list negative credit information for seven years, and bankruptcy information will remain on your report for ten years The time limits generally begin being counted from the time ...

Retiring With A Decent Income These days, itÂ’s hard to listen to the financial or economic news for long without hearing something about pensions These news stories usually give us some bad news about the pensions shortfalls in the gaping holes in pension funds The chancellor Gordon Brown has recently gone on record suggesting that he is in favour of increasing the working age, and the debates about whether to link state pensions to earnings or inflation rages on The ...