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Author

Patrick Harwood

Patrick Harwood has been a professional writer and editor since 2004, specializing in articles about spectator sports, personal finance and law. He has contributed to family of magazines and websites.

What Is the Interest Rate on a Bond Called?
Finance

What Is the Interest Rate on a Bond Called?

The interest rate on a bond is called the state rate. However, your actual return will vary based on how much you pay to purchase the...

Patrick Harwood · May 31, 2020 · 2 min read
How to Calculate the Rate of Return on a Bond
Finance

How to Calculate the Rate of Return on a Bond

When bonds are issued, they are assigned a par value and a stated interest rate. However, bonds are traded like stocks, which means that the price...

Patrick Harwood · May 30, 2020 · 2 min read
How to Calculate the Annual Rate of Return on a Bond
Finance

How to Calculate the Annual Rate of Return on a Bond

Bonds are loans that are floated by companies and governments and bought by investors. Each bond has a par value, the amount the company will pay...

Patrick Harwood · May 28, 2020 · 2 min read
What Is a Stated Interest Rate?
Finance

What Is a Stated Interest Rate?

The stated interest rate is a term used to describe the return on bonds. When a bond is issued, the stated interest rate determines how much interest...

Patrick Harwood · May 27, 2020 · 2 min read
How to Calculate Bonds With a Financial Calculator
Finance

How to Calculate Bonds With a Financial Calculator

Every banker owns a financial calculator. She carries the calculator with her to every meeting because she never knows when she may need it and no...

Patrick Harwood · May 26, 2020 · 2 min read
Municipal Bonds Vs. Savings Bonds
Finance

Municipal Bonds Vs. Savings Bonds

Bonds are investments often sought by retirees and other investors looking for a steady income stream or as a way to diversify a portfolio of...

Patrick Harwood · May 25, 2020 · 3 min read
The Tax Consequences of 401(k) in a Divorce Settlement
Finance

The Tax Consequences of 401(k) in a Divorce Settlement

A 401(k) plan is your best investment for retirement in many instances. If your employer contributes to your retirement, the matching contribution...

Patrick Harwood · May 22, 2020 · 2 min read
What Is the Recommended Percentage of Income to Put Into a 401k?
Finance

What Is the Recommended Percentage of Income to Put Into a 401k?

Your company 401k plan could become your best investment when you retire. That 401k plan that your employer offers you may come with a matching...

Patrick Harwood · May 21, 2020 · 3 min read
5 Ways to Make Your 401(k) Last Longer
Finance

5 Ways to Make Your 401(k) Last Longer

Deciding how your money will last longer remains a key part of retirement planning. Many people think about the money they must contribute to their...

Patrick Harwood · May 20, 2020 · 3 min read
How to Name Contingent Beneficiaries of a 401(k)
Finance

How to Name Contingent Beneficiaries of a 401(k)

Beneficiaries are people, trusts or organizations that will receive your benefits in the event of your death. You must name at least one primary...

Patrick Harwood · May 18, 2020 · 2 min read
Husband's 401(k) & a Indiana Divorce
Finance

Husband's 401(k) & a Indiana Divorce

Getting divorced in Indiana means you may gain some of your ex-husband's retirement benefits. Indiana allows domestic relations orders that split up...

Patrick Harwood · May 17, 2020 · 3 min read
The Best 401(k) Rollover Ideas
Finance

The Best 401(k) Rollover Ideas

A 401k plan does not need to be kept when you retire. Rolling over your plan benefits gives you control over your retirement savings and may give you...

Patrick Harwood · May 16, 2020 · 2 min read
Do I Have to Pay Taxes If I Rollover My 401k to a Roth IRA?
Finance

Do I Have to Pay Taxes If I Rollover My 401k to a Roth IRA?

When you have money sitting in a 401k, you may wish to take advantage of the tax benefits that come with a Roth IRA instead of leaving the money in...

Patrick Harwood · May 15, 2020 · 3 min read
How Much Can a Company Match for a 401(k)?
Finance

How Much Can a Company Match for a 401(k)?

Contributing to a 401k is one of the most effective ways to save for retirement because of the large contribution limits and the ability to receive...

Patrick Harwood · May 14, 2020 · 2 min read
Can I Convert a 401k to a Roth 401k?
Finance

Can I Convert a 401k to a Roth 401k?

The 401k is a type of retirement account that allows you to save on a pre-tax basis for your retirement needs. Another option that some employers...

Patrick Harwood · May 13, 2020 · 3 min read
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