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  2. World War Adjusted Compensation Act - Wikipedia

    en.wikipedia.org/wiki/World_War_Adjusted...

    The act awarded veterans additional pay in various forms, with only limited payments available in the short term. The value of each veteran's "credit" was based on each recipient's service in the United States Armed Forces between April 5, 1917, and July 1, 1919, with $1.00 awarded for each day served in the United States and $1.25 for each day served abroad.

  3. The Payment of Gratuity Act, 1972 - Wikipedia

    en.wikipedia.org/wiki/The_Payment_of_Gratuity...

    The Payment of Gratuity Act, 1972 is an Indian law that makes companies pay a one-time gratuity to retiring employees or employees who resigns after a minimum of 5 years of service. The law applies to all companies of at least 10 employees. [1] The gratuity is 15 days' wages for every year of employee service, or partial year over six months.

  4. Grantor retained annuity trust - Wikipedia

    en.wikipedia.org/wiki/Grantor_retained_annuity_trust

    The Wealth Transfer Group owns a patent covering different methods for managing SOGRATs. A SOGRAT is a GRAT that is at least partially funded with stock options.The patent number is U.S. patent 6,567,790, and is entitled "Establishing and managing grantor retained annuity trusts funded by nonqualified stock options".

  5. What happens to your bank account after you die? - AOL

    www.aol.com/finance/what-happens-to-bank-account...

    3 ways to avoid complications and probate after you die. It can be tough to think about our own death. But taking action ahead of time can be a gift to your mourning family, who is left to pick up ...

  6. Pension - Wikipedia

    en.wikipedia.org/wiki/Pension

    A traditional form of defined benefit plan is the final salary plan, under which the pension paid is equal to the number of years worked, multiplied by the member's salary at retirement, multiplied by a factor known as the accrual rate. The final accrued amount is available as a monthly pension or a lump sum, but usually monthly.

  7. 12-year-old cruise ship passenger falls to his death on final ...

    www.aol.com/12-old-cruise-ship-passenger...

    A 12-year-old boy fell to his death from a balcony on a Royal Caribbean ship just before it docked in Texas on the final day of a weeklong cruise, according to reports.

  8. Purchase rates for Thursday, February 6, 2025 - AOL

    www.aol.com/finance/mortgage-and-refinance-rates...

    The fixed rate for a 15-year mortgage is 6.12%, down 4 basis points from last week's average 6.16%. These figures are higher than a year ago, when rates averaged 6.63% for a 30-year term and 5.94% ...

  9. Honorarium - Wikipedia

    en.wikipedia.org/wiki/Honorarium

    They are ostensibly receiving a reimbursement for their costs in their voluntary roles as coaches. The concept of an honorarium has a tax implication. In Australia, recipients of these funds make a tax declaration (known as the hobbyist form) [10] to the tax office and therefore do not have to include this money in their annual tax return.