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DEFINITIONS - It is common to be unsure or confused about the terms used in the financial industry. We have included several definitions we hope clarify your understanding before you invest. Click on a letter below which is the same as the first letter of the term you wish to define: |
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F |
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Fiduciary – any person (individual or corporation) who exercises discretionary authority or control over the management or disposition of plan assets |
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Fiscal Year – a 12-month period used for accounting purposes
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Forfeitures - the benefits that a participant loses if he/she terminates employment before eligible for full retirement benefits under the plan rules
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| Copyright © Glenn McDaniel Arts, LLC |
Home | Articles | Definitions | IRA's & 401k's| Contacts
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