The Daily Horizon

Featured Article

What is a good net income for a company?

A good margin will vary considerably by industry and size of business, but as a general rule of thumb, a 10% net profit margin is considered average, a 20...

Read Full Article Browse health

Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Did any hurricanes hit Florida in 2005?

Wilma, which hit southwestern Florida on Oct. 24, 2005, was the last major hurricane to hit the USA. It was also the last hurricane of any strength to hit...

Can I cash out my VALIC?

Yes. The law says that money may be taken out of your account (that is to say, the money may be distributed) when you retire, become disabled, leave your ...

Can you borrow from your 401k if you are retired?

Although the money saved in a 401(k) account is meant for an employee’s retirement, many plans allow participants to borrow from their account before they...

Is mortgage an asset in balance sheet?

A Bank’s Balance Sheet. A balance sheet is an accounting tool that lists assets and liabilities. In this case, the home is the asset, but the mortgage (i....

Are student loans only for full time students?

College students who go to school part time may have difficulty finding student loans if they take less than half time schedule. Most private lenders requ...

Can you discriminate in a profit sharing plan?

A profit sharing contribution must demonstrate non-discrimination in either the form of allocations or benefits. Giving all participants the same percenta...

How does early 401k withdrawal affect tax return?

How does a 401(k) withdrawal affect your tax return? Once you start withdrawing from your 401(k) or traditional IRA, your withdrawals are taxed as ordinar...

Can people in prison trade stocks?

If the inmate’s crime was associated with stock trading, the sentencing court might well forbid the inmate from trading in stocks. Violation of that order...

Do school districts match 403b contributions?

While a company match is a common component of 401(k) plans, only about 10% of school districts match contributions to 403(b)s, Corcoran says. Even withou...