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What is the punishment for stealing money from your ex wife's bank account?
The usual punishment would be an arrest followed by jail time for forgery and theft. Plus, you will be asked to repay the money you stole from your ex wifes bank account including a penalty. All in all, you will end up repaying the money with interest & penalty plus end up serving jail time.
Tips on How to Rollover a 401k?
When you leave an old job, one of the most important considerations that you have to take is what to do with your 401k account. When leaving a company, you need to be sure that you rollover the account properly. When looking to roll over a 401k, you can either roll it over into another 401k account or into an IRA. If you do not roll the money into one of these accounts, you may end up being taxed at your minimum tax rate and you could also incur penalties up to 10% of the amount of money that is withdrawn.
How do you draw a flow chart about how to withdraw money from an ATM?
A flow chart on how to withdraw money from an ATM would start with putting your card in the system and end with you taking the cash out. You should also include information about putting in the PIN and entering the amount to be withdrawn.
How does a 9 month CD work?
A 9-month CD, or certificate of deposit, is a type of savings account where you deposit money for a fixed period of 9 months. During this time, the money earns interest at a fixed rate. At the end of the 9 months, you can withdraw the money along with the interest earned.
What the difference of debit card and credit card?
Credit Card: You don't necessarily have the money in your account right now but at the end of the month you have to pay the bill. Say you have $400 in your account but something cost $565. You can buy that item immediately and at the end of the month you can pay how ever much that item cost.Debit Card: If you have $500 in your bank account, you can use your debit card to buy it and then the money automatically get taken out of your account. Say that you have $1,000 in your account, and you buy some new tires that are about $85, so you use your debit card to pay that $85, and then your bank account money is then subtracted $85 dollars.
What is a drawing account?
A draw or drawing account is a temporary account used by proprietorships and partnerships to record withdrawals by the owners. Draw accounts are contra-equity and have a debit balance. Entries in a draw account are typically closed to the owner's capital account at the end of a period.
You have $200 in a savings account. Each week for 8 weeks, you take out $18 for spending money. How much money is in your account at the end of 8 weeks?
You have $200 in a savings account. Each week for 8 weeks, you take out $18 for spending money. How much money is in your account at the end of 8 weeks?
What is the punishment for stealing money from your ex wife's bank account?
The usual punishment would be an arrest followed by jail time for forgery and theft. Plus, you will be asked to repay the money you stole from your ex wifes bank account including a penalty. All in all, you will end up repaying the money with interest & penalty plus end up serving jail time.
What is difference between credit card and debit card.?
Charges against a debit card are withdrawn directly from your checking account, it's similar to writing a check. Charges against a credit card are accumulated and you are sent a bill at the end of the month for the money you borrowed with possible fees. with a credit card you are using the banks money. with the debit card you are using your own money.
I want to invest in something that will give me good returns but has no risk of losing money.?
You should open a fixed deposit account as in this kind of an account you deposit money for a stated period of time and a fixed interest rate is paid at the end of the tenure. It is not affected by fluctuations in the money market.
What is an account balance?
Account balance refers to the amount of money present/used in your account at the end of the day. for a bank account it could be the amount of money present in your account. In case of a credit card, it could be the amount of money used in that billing cycle till that date.
What is balance account?
Account balance refers to the amount of money present/used in your account at the end of the day. for a bank account it could be the amount of money present in your account. In case of a credit card, it could be the amount of money used in that billing cycle till that date.
How saving account is different from recurring and fixed deposit?
Savings Account: A savings account is one in which customers save their monthly savings and they are not like the current account. Though the money is available at any time for the customer to withdraw, money is not as frequently deposited/withdrawn from it like the current account. Hence banks offer a meager interest rate for the money held in this account. Recurring Deposit: A Recurring Deposit account is one in which the customer deposits a small sum of money (usually a few hundred or thousands) every month. The bank accepts a deposit every month and at the end of the deposit period (usually 12 months or higher) the bank would return the money deposited with them along with a good interest. Fixed Deposit: A FD Account is one in which the customer deposits a big sum of money (Usually a few thousands and upwards. There is actually no limit to the amount of money you can deposit in a FD) for a fixed duration of time (Atleast 3 months or higher). Since you agree to keep the money deposited with the bank for a fixed/agreed upon duration, the bank gives you a very good interest as payment for keeping the deposit
Tips on How to Rollover a 401k?
When you leave an old job, one of the most important considerations that you have to take is what to do with your 401k account. When leaving a company, you need to be sure that you rollover the account properly. When looking to roll over a 401k, you can either roll it over into another 401k account or into an IRA. If you do not roll the money into one of these accounts, you may end up being taxed at your minimum tax rate and you could also incur penalties up to 10% of the amount of money that is withdrawn.
How fixed diposit and recurring deposit is deffrent from saving account?
A Fixed Deposit Account is one in which the customer deposits a big sum of money (Usually a few thousands and upwards. There is actually no limit to the amount of money you can deposit in a FD) for a fixed duration of time (Atleast 3 months or higher). Since you agree to keep the money deposited with the bank for a fixed/agreed upon duration, the bank gives you a very good interest as payment for keeping the deposit Recurring Deposit: A Recurring Deposit account is one in which the customer deposits a small sum of money (usually a few hundred or thousands) every month. The bank accepts a deposit every month and at the end of the deposit period (usually 12 months or higher) the bank would return the money deposited with them along with a good interest. A savings account is one in which customers save their monthly savings and they are not like the current account. Though the money is available at any time for the customer to withdraw, money is not as frequently deposited/withdrawn from it like the current account. Hence banks offer a meager interest rate for the money held in this account.
What is orange account?
An Orange account is a savings account offered through ING Direct. The money in your Orange savings account builds interest daily and then it is compounded every month. That money is then made available to use on purchases at the end of each month.
What is the explanation for the types of bank accounts?
Savings Account: A savings account is one in which customers save their monthly savings and they are not like the current account. Though the money is available at any time for the customer to withdraw, money is not as frequently deposited/withdrawn from it like the current account. Hence banks offer a meager interest rate for the money held in this account. Recurring Deposit: A Recurring Deposit account is one in which the customer deposits a small sum of money (usually a few hundred or thousands) every month. The bank accepts a deposit every month and at the end of the deposit period (usually 12 months or higher) the bank would return the money deposited with them along with a good interest. Fixed Deposit: A FD Account is one in which the customer deposits a big sum of money (Usually a few thousands and upwards. There is actually no limit to the amount of money you can deposit in a FD) for a fixed duration of time (Atleast 3 months or higher). Since you agree to keep the money deposited with the bank for a fixed/agreed upon duration, the bank gives you a very good interest as payment for keeping the deposit Checking Accounts are also called as Current Accounts. A checking account is one in which customers keep some money and use it for their day to day transactions. The money in this account does not earn any interest and is available for usage to the customer at all times. These are the 4 main types of accounts provided by banks
