HOSPITAL INSURANCE TRUST FUND
This trust fund is part A of Medicare, the United States' health insurance program for people age 65 and older and certain disabled persons. This trust fund is financed through payroll taxes derived from current workers and employers. It is overseen by a board of trustees that reports yearly to congress about its financial status. It has been projected to become insolvent a number of times throughout the years, due to legislative changes, and is currently projected to become insolvent in the year 2017.
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Systematic Withdrawal Plan - SWP
Mutual fund service providing a given payout amount to the shareholder at preset intervals, normally monthly, quarterly, semiannually, or annually. ...
Respite Care
Short-term care of a few hours or weeks of the sick or disabled to provide relief, to the regular caregiver, usually a family member.
SEC Form N-54C
SEC Form N-54C is a filing used to withdraw a voluntary election to be regulated as a business development company to be submitted by an investment ...
Condor Spread
Options strategy comprised of a bear and a bull spread but has different strike prices that aims to earn limited profits with a small amount of ris ...
Economic Cycle
Natural fluctuation of the economy between the periods of growth and recession. The stage of the economic cycle at present can be determined by loo ...
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