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  2. Annuity - Wikipedia

    An annuity is a series of payments made at equal intervals. Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments.

  3. Term life insurance - Wikipedia

    Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions.

  4. Superannuation in Australia - Wikipedia

    In Australia, superannuation, or just super, is the term for retirement pension benefit funds. Most working Australians deposit deductions from their income (as wage or salary) into these funds, and employers make similar regular contributions.

  5. Mortgage industry of the United States - Wikipedia

    The mortgage industry of the United States is a major financial sector. The federal government created several programs, or government sponsored entities, to foster mortgage lending, construction and encourage home ownership.

  6. Variable universal life insurance - Wikipedia

    Variable universal life insurance (often shortened to VUL) is a type of life insurance that builds a cash value. In a VUL, the cash value can be invested in a wide variety of separate accounts, similar to mutual funds, and the choice of which of the available separate accounts to use is entirely up to the contract owner.

  7. National Pension System - Wikipedia

    NPS is an attempt by the government to create a pensioned society in India. Today, the NPS is readily available and tax efficient under Section 80CCC and Section 80CCD. Under the NPS, an individual can contribute to his retirement account. Also, his employer can contribute to the welfare and social security of the individual.

  8. Economic and Monetary Union of the European Union - Wikipedia

    A first concrete attempt to create an economic and monetary union between the members of the European Communities goes back to an initiative by the European Commission in 1969, which set out the need for "greater co-ordination of economic policies and monetary cooperation," which was followed by the decision of the Heads of State or Government ...

  9. Incorporation (business) - Wikipedia

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