There are several ways a business can depreciate an asset—namely through straight line or accelerated modes. For an accelerated depreciation schedule, sum-of-years digits is typically the most common.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The military retirement system has long been considered one of the best retirement offerings around. Unlike most of us who “hope” to retire in our 60s, after 20 years of service, military personnel ...

As you get closer to retirement, it becomes increasingly important to understand your options for accessing your pension – ...

Lump sum investing involves putting all available money into the market immediately. Historical data shows lump sum investing often leads to higher long-term balances. Diversifying investments is ...

Putting extra cash towards your mortgage doesn’t change your payment unless you ask the lender to recast your mortgage. If you have extra cash and are considering putting it towards paying down your ...