An OID also known as original issue discount is a debt instrument with a lower value compared to the time it was bought. The investor receives the face value after maturity with interest...
A zero-coupon bond is a type of bond that earns no interest during its lifetime. A zero-coupon bond is issued with a sudden reduction in par value or face value, which is the amount...
Variable annuities are packed with tax benefits which is why investors are in love with it. Until you take the money out, it will compound tax-free. The products are selling at the...