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Asset Class Definition Asset classes are securities with similar features and financial structure. These securities are also held to the same laws and regulations. The most common asset classes are stocks, bonds, and cash equivalents.  { "@context": "https://schema.org", "@type": "DefinedTerm", "@id": "DefinedTerm", "name": "Asset Class", "description": "Asset classes are securities with similar features and financial structure. These securities are also held to the same laws a

What Is an Executor? An executor, also called an executor of estate or executor of will, manages your estate after death. It is often a temporary and relatively short-term position, but can be time-intensive. It is referred to as “personal representative” in some states. { "@context": "https://schema.org", "@type": "DefinedTerm", "@id": "DefinedTerm", "name": "Executor", "description": "An executor, also called an executor of estate or executor of will, manages your estate after dea

Fiduciary Definition A fiduciary is a person (or entity) who acts on behalf of another party and who must put that party’s interests ahead of their own. Typically, people who make financial, medical, or legal decisions on another’s behalf are fiduciaries. { "@context": "https://schema.org", "@type": "DefinedTerm", "@id": "DefinedTerm", "name": "Fiduciary", "description": "A fiduciary is a person (or entity) who acts on behalf of another party and who must put that party’s interests

What is An IRA? An Individual Retirement Account (IRA) is an account that allows you to save for retirement through tax deferred (traditional) or tax-free (Roth) growth. Traditional IRA vs. Roth IRA A traditional IRA allows you to contribute pre-tax income directly into your retirement account. This is called tax-deferred because instead of paying taxes currently, you’ll pay (income) taxes when you withdraw money out of the account. Roth IRA A Roth IRA allows you to contribute income that has a