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Financial terms starting with "0-9"

1. 401(k)

2. 1040-NR-EZ Form

3. 501(c)

4. 403(b)

5. 408(k) plan

6. 4k

7. 1120 Form Schedule O

8. 24-Carat/Karat

9. 363 sale

10. 30-Year Treasury

11. 1120-IC-DISC Form Schedule K

12. 403(b) plan

13. 183-day rule

14. 457

15. 360 Degree Feedback

16. 1040 Form Schedule H

17. 1040 Form Schedule SE

18. 1.4142

19. 1099-B Form

20. 1120-ND Form

21. 2k

22. 24-hour trading

23. 1031 tax-free exchange

24. 1040 Form Schedule A

25. 25% rule

26. 2) The two-character ISO 3166 country code for ARGENTINA.

27. 1040 Form Schedule EIC

28. 1040EZ Form

29. 1098-T Form

30. 1120 Form

31. 130/30 Mutual Fund

32. 1040 Form Schedule M

33. 60-Plus Delinquencies

34. 24/7

35. 48-hour rule

36. 360 Day Calendar

37. 1120-POL Form

38. 401k Plan

39. 125% loan

40. 10% guideline

41. 1040-ES Form

42. 1098-E Form

43. 3C7

44. 3/27 Adjustable-Rate Mortgage - 3/27 ARM

45. 1120 Form Schedule M-3

46. 40-Year Mortgage

47. 1120-IC-DISC Form

48. 3/2 Downpayment

49. 1120-S Form Schedule D

50. 1040-C Form

51. 11th District Cost of Funds -

52. 10-K wrap

53. 100% loan

54. 1120 Form Schedule UTP

55. 1.6180

56. 100% equities strategy

57. 1040-ES (NR) Form

58. 80/20 Rule

59. 1098 Form

60. 1120-SF Form

61. 90-age formula

62. 24-hour Society

63. 30-day wash rule

64. 1120 Form Schedule B

65. 1099-Q Form

66. 1040-SS Form

67. 401(a) plan

68. 1040-A Form

69. 1120-H Form

70. 1040 Form Schedule F

71. 529 prepaid tuition plan

72. 3pl

73. 401(k) plan

74. 941-SS Form

75. 529 college savings plan

76. 1040-V Form

77. 130-30 strategy

78. 1099-LTC Form

79. 2) See: Adjustable-rate mortgage

80. 10-Year Treasury Note

81. 12B-1 Fund

82. 1099-SA Form

83. 1%/10 net 30

84. 1120 Form Schedule H

85. 12 MTA Pay Option ARM

86. 12 MTA

87. 2-pop

88. 1040 Form Schedule L

89. 1120-PC Form

90. 64,000 dollar/pound question

91. 2/28 adjustable-rate mortgage

92. 1099-DIV Form

93. 2-way Pallet

94. 203(k)

95. 3:2 Pulldown

96. 500 Investor Rule

97. 1040PC Form

98. 1120-X Form

99. 360 Degree Thinking

100. 1 Month Option ARM

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Featured term of the day

Definition / Meaning of

Education Savings Account (ESA)

Categories: Finance,

You can put up to $2,000 a year into a coverdell education savings account (ESA) that you establish in the name of a minor child. The assets in the account can be invested any way you choose.There is no limit on the number of accounts you can set up for different beneficiaries, but no more than a total of $2,000 can be contributed in a single beneficiary's name in any one year. If you choose, you may switch the beneficiary of an ESA to another member of the same extended family.Your contribution is not tax deductible. But any earnings that accumulate in the account can be withdrawn tax free if they're used to pay qualified educational expenses for the beneficiary until he or she reaches age 30. The costs can be incurred at any level, from elementary school through a graduate degree, or at a qualified post-secondary technical or vocational school. There are no restrictions on using ESA money in the same year the student uses other tax-free savings, or the student, parent, or guardian uses tax credits for educational expenses. But you can't take a credit for expenses you covered with tax-free withdrawals.To qualify to make a full $2,000 contribution to an ESA, your modified adjusted gross income (MAGI) must be $95,000 or less, and your right to make any contribution at all is phased out if your MAGI is $110,000 if you're a single taxpayer. The comparable range if you're married and file a joint return is $190,000, phased out at $220,000.

Most popular terms

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4. National Highway Traffic Safety Administration (NHTSA)
5. Pension
6. Naked Option
7. Corridor Self-insured Retention
8. 401(k)
10. Section 15 Declaration Of Incontestability

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