Social Security benefits

Definition:

Monthly government payments to retired workers or their families who have paid Social Security taxes for a total of 40 quarters or 10 years.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Tax Equity and Fiscal Responsibility Act of 1983

The law requiring federal income tax withholding on payments of dividend and interest to accounts without a certified tax identification number on file. See: W-9.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio