Benefits Received Rule Definition.

The benefits received rule is a definition that is used in the context of income tax. It states that any benefits received by an individual from a government program or from any other source must be included in their gross income. This rule is used to ensure that individuals who receive benefits from these sources … Read more

Lipper Leader.

A Lipper Leader is a mutual fund that ranks within the top 20% of its category for total return over the past five years. The Lipper Leaders designation is given to funds that have consistently outperformed their peers over time, and is a coveted accolade in the mutual fund industry. Lipper Leaders are selected based … Read more