The degree with the second-greatest number of offers: economics. Some 61.5% of economics majors had at least one offer upon graduation. In third place: accounting, a major where 61.2% of students had offers before they graduated.
when a trust must vest. These trusts can, instead, continue indefinitely* â potentially free from estate, generation-skipping, gift and inheritance taxes. This can result in significant tax savings and ongoing financial control for the trust. Investment Flexibility. Through a âdirected trust,â a grantor can appoint a third-party advisor to manage the trustâs investments. This is particularly useful for those with illiquid or concentrated positions that a trustee may feel obligated to diversify as part of their administrative duties.
The Social Security Act limits trust fund expenditures to benefits and administrative costs. Benefits to retired workers and their families, and to families of deceased workers, are paid from the OASI Trust Fund. Benefits to disabled workers and their families are paid from the DI Trust Fund. More than 98 percent of total disbursements from the combined OASI and DI funds in 2016 were for benefit payments.