In common usage, a surcharge refers to an additional payment or tax heaped upon an existing charge. Surcharges can arise...

Alimony is the court’s way of making sure one spouse doesn’t get to live high on the hog while the...

An emergency fund is an amount of money you set aside to prepare for an unexpected event such as a...

An employee stock purchase plan is a program that permits employees to use some of their paycheck to buy stock...

An employee stock ownership plan is one of several ways for employees to receive stock shares from their employers. Other...

An interest rate is the percentage of a loan that the lender charges per year for giving the borrower the...

Learn about the two main types of IRAs and get the details on eligibility requirements, tax benefits, contribution limits, and...

Financial security refers to the peace of mind you feel when you aren't worried about your income being enough to...

Inflation refers to how the price for goods and services increases over time. For example, a loaf of bread that...

Money management refers to how you handle all aspects of your finances, from making a budget for where each paycheck...

Net income refers to the cash value of a paycheck after deductions. Gross income -- your pay before deductions --...

Your net worth refers to how much more your assets are worth than your liabilities. In short, your net worth...

Overdraft protection is a service offered by banks that issues you a short-term loan when you make a purchase with...

Renting versus buying refers to the decision that people have to make when deciding where to live. The question has...

Savings refer to money you put aside for future use rather than spending it immediately. In addition to the benefits...

Severance pay refers to payments made by an employer when employees are laid off or accept voluntary early retirement. Usually,...

"Vesting" refers to the process by which you become the owner of the employer contributions to your retirement plan.