| Annuity Payout Options |
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| An annuity contract includes provisions for paying out benefits to the annuitant or beneficiary. There are many payout options available. Generally, a portion of each annuity payment is income; thus, federal income tax applies. More... |
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| Housing - Federal Public Housing Programs - § 221d Mortgage Insurance For Multifamily Properties |
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| The § 221(d) program provides low-interest, fixed-rate mortgage insurance to housing developers for either construction or rehabilitation of rental units occupied by low-income families. Certain requirements must be met regarding the size and type of units, and only certain individuals and families are eligible to live in units developed under § 231.
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| Employment - Older Americans and the Peace Corps |
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| The arm of the United States federal government that is designed to promote world peace is known as the Peace Corps. In the Peace Corps, volunteers live and work in developing countries, known as host countries, helping to train and educate residents. For example, Peace Corps volunteers have helped educate people about AIDS, business development, and information technology. More... |
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| Secondary Payer Program |
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| There are times when a person's health services may be covered both by Medicare and by another type of insurance, such as group health insurance, workers' compensation, or automobile insurance. In these cases, Medicare provides only secondary coverage, meaning that the other insurance is primarily liable on the claim. More... |
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| Housing - Reverse Mortgages - HECM |
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| In an ordinary home equity loan, a homeowner borrows money against the equity in his or her home, making payments to reduce the loan balance after the funds are received. As payments are made, the principal balance of the loan decreases. More... |
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