Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

Where \(X\) is a normally distributed random variable with mean \(\mu\) and standard deviation \(\sigma\). The peak of the curve occurs at \(x=\mu\), and the spread ...

Early IRA withdrawals before age 59½ often face a 10% penalty. IRA distributions may be penalty-free for specific reasons like medical expenses. Check IRS exceptions to avoid penalties on early ...

Preferred stock offers consistent dividends like bonds, based on a fixed "par value." Dividends are calculated by multiplying the stated rate by the par value. Quarterly dividends are found by ...

Did you know that, in most cases, you must start taking required minimum distributions (RMDs) from your retirement accounts each year once you reach age 73? IRS rules require that you take withdrawals ...

This study extends the Poisson binomial distribution by introducing correlation and dependence between binomial events, enhancing its ability to capture complex event types and improving model ...

Adjusted body weight is used to calculate weight, which considers lean and fat mass. This tool can help provide more precise medical and nutritional assessments. Healthcare professionals often use ...

Required minimum distributions (RMDs) are withdrawals you have to make from most retirement plans (excluding Roth IRAs). The age for withdrawing from retirement accounts was increased in 2020 to 72 ...