A masterâs degree is the first level of graduate study. To apply for a master degree you usually must already hold an undergraduate degree (a bachelorâs degree). A masterâs degree typically requires a year and one-half to two years of full-time study.
The Securities Investor Protection Corporation (SIPC) is a nonprofit organization that protects stocks, bonds, and other securities in case a brokerage firm goes bankrupt and assets are missing. The SIPC will cover up to $500,000 in securities, including a $250,000 limit for cash held in a brokerage account.
The 401(k), 403(b), and certain 457 plan elective deferral limits in 2014 will remain at $17,500; the catch-up contribution limit will stay at $5,500. The annual defined contribution limit from all sources under Code Section 415(c) will rise to $52,000 from $51,000.