Finance
What is Checking Account?A transactional deposit account held at a financial institution that allows for withdrawals and deposits. Money held in a checking account is very liquid, and can be withdrawn using checks, automated cash machines and electronic debits, among other methods. What is Saving Account?A deposit account held at a bank or other financial institution that provides principal security and a modest interest rate. Depending on the specific type of... more |
Immigration / Attorney
What is EB-5 program?The Immigrant Investor Program, also known as “EB-5,” was created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by immigrant investors by creating a new commercial enterprise or investing in a troubled business. There... more |
Insurance
What is Life Insurance?Life insurance is a contract between an insurance policy holder and an insurance company. The policy holder pays a premium in exchange of benefits from the insurance company upon the death or other events of the insured person. What are the different types of Life Insurance?Life insurance includes two types: The first type is protection policies designed to provide a benefit in the event of specified events. Term Insurance is the... more |