Business directory to 401k rollover information and advice.www.business.com/finance/401k-rollover/
Retirement industry advisers and consultants.www.business.com/finance/retirement-consultants/
Companies that provide retirement plan benefits, including 401k plans and pensions. Get information on corporate retirement plans, or how to offer retirement benefits for employees.www.business.com/finance/retirement-plans/
401(k) plans allow employees to save for their retirement by contributing a portion of their wages to an individual account. Employers can also contribute to 401(k) plans in the form of employee benefits; be sure your 401(k) vendor can manage your employees’ investments wisely.www.business.com/finance/401k/
Learning about 401(k) plans key terms is a good place to start if you're considering starting up a retirement fund for your employees. From automatic enrollment to matching, after-tax and pre-tax contributions, 401(k) plans have several terms you may want to know before beginning one of these programs. More»
The 401k plan grew from a little known tax code loophole--which is where the 401k name came from--to the most common way workers invest for their retirement. This industry possesses trillions of dollars in allocated 401k retirement plan contributions. More»
Although in use for centuries, the application of international letters of credit (LCs) is certain to be on the rise given today's expanding global economy. Utilized in a variety of large commercial transactions, they serve primarily as the monetary replacement in an international exchange of goods or services.
An issuing bank, of which the purchaser is a client, issues payment on behalf of the purchaser, while the advising bank operates on behalf of the receiver (the seller) who provided the goods or services purchased, and receives the money.
The international letter of credit specifies the documentation required at time of payment to substantiate that the goods were shipped, or that the service was provided. This documentation is provided by the beneficiary via the advising bank. The issuing bank bears no responsibility for verifying that the actual merchandise reached the buyer, they are only concerned that the documentation presented meets the requirements as set forth in the LC.
Once a letter of credit is issued, it cannot be altered or annulled, except with the explicit agreement of all parties involved, with the entire process following the code set by the International Chamber of Commerce Uniform Customs and Practice for Documentary Credits.
For further information on international letters of credit and whether your business can benefit from their use, be sure to reference Business.com.