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Tip of the Day
Today's Tip
What month do Social Security retirement benefits begin?

A person who meets all requirements for entitlement can receive reduced benefits beginning with the first full month that he/she is age 62. Thus, benefits are not paid for the... read full tip



More Tips
Can an individual continue in a noncovered job and concurrently work in a Social Security covered position that is within the same retirement system to meet the 'last 60-months in covered employment' GPO exemption?
Are Supplemental Security Income (SSI) payments only paid to disabled people?
What happens if I use someone else's Social Security number rather than my own?
I am 65 and my wife is 62 and receiving spouse's benefits. When does she qualify for Medicare benefits?
I have had my Social Security checks stopped. How do I start getting paid again?
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    Q: A stock split:

Word of the Day
   Promissory Note

A "promissory note" is a contract obligating one party to pay or repay a specified dollar amount to another party. Promissory notes are often used in connection with the lending of money. The key terms of promissory notes include:

    • The principal amount to be paid
    • Interest rate on the principal
    • Timing of interest and principal payments
    • Events of default under the promissory note
    • Whether the note is secured or unsecured

Promissory notes can be due and payable on demand or payable in installments or balloon payments.
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