Q&A :

BoA Closed my Accounts and Froze my Funds. How can I get money back besides cashier's check?

Earlier this week I had tried to buy food with my debit card but the transaction was declined. I immediately contacted my bank (BoA) and was told there was a note left...

ACH File Transmission

Is there any desktop software, either web based or desktop based, to transmit ACH File request to the financial institution? I saw some ACH File creation applications...

why is buying trading-stock from cash not regarded as an expense?

First of all I understand that bank money is an asset and so is trading-stock, but why is buying trading-stock not regarded as an expense to the business?

Changing Bank Account Number regularly to reduce fraud

4 others and myself are going through the motions of renting a student accomodation in the UK. So far we have had to pay a holding fee to secure the flat. To do this we...

What's the difference between Term and Whole Life insurance?

How would one decide which is most appropriate? Are there tax or benefits differences that one offers over the other?

Does the cost of long-term care insurance depend on your health?

I’m 50, living in California, planning to retire early at 60, and am trying to do projections of to make sure my wife and I have enough money so that I can do...

Am I formally insured during the COBRA election period if I ultimately choose not to elect coverage?

I have recently quit my job to freelance and I am now in a position where my old health insurance ends on 8/31, but my new health insurance can only begin as soon as...

Does WageWorks / FSA verify your claim submissions with your health provider?

I underwent a medically necessary treatment with my healthcare provider as soon as my insurance went into effect for the current period, and paid via an FSA card....

How to get individual long-term disability insurance when you already have a group LTD plan with your employer?

I am a tech worker. My employer offers group LTD that covers 60% of my salary? I went out in the market to get an individual policy but my agent cannot find a company...

Compound Interest & Mortgages

Mortgages are compounded 2 times a year in Canada and 12 times a year in the USA. However, I read that mortgages are simple interest and not compound interest because...