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What is the money called when you get laid off?

If your employer fails to give you the required notice, then you are legally entitled to severance pay. An individual employee who’s fired without notice ...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What does worth value mean?

The noun worth refers to the monetary value of something. If your grandmother gives you a strange old coin from her collection, you can have it appraised ...

Where can I open a Solo 401K account?

You can open a solo 401(k) at most online brokers, though you’ll need an Employer Identification Number. The broker will provide a plan adoption agreement...

How do I get past financial ruins?

Here are some steps you should consider including in your plan: Trim your spending until you can consistently spend less than you earn. Build a small emer...

Is HST going up in 2021?

GST Increase 2021 The new GST/HST payment period will start in July 2021 and end by June 2022. As part of its emergency response to COVID-19, the federal ...

Who do I need to notify when I retire?

Your employer and any pension provider will normally tell HM Revenue & Customs (HMRC) when you retire. To prevent a delay that might result in an over...

Who won the February 28 2021 Publishing Clearing House?

Crystal Crawford, of Queens, was surprised with a prize of $5,000 a week “forever,” the television station reported. According to the Publishers Clearing ...

What are the three methods an employer may use to pay his or her employees?

There are three ways to pay employees: Direct deposit; Payroll card, and. Warrant (check). What happens when you break a work contract? A breach of the em...

Does escrow automatically pay taxes?

Each month, a portion of your mortgage payment will go into your escrow account, and your lender will use that money to pay your taxes and homeowners insu...

Who gets my 401K if I die?

When a person dies, his or her 401k becomes part of his or her taxable estate. “As the named beneficiary of the plan, you should be able to access the mon...