Discretionary beneficiaries are individuals or entities eligible for trust, insurance, or retirement distributions based on ...

Explore the consumer discretionary sector, its impact on economic growth indicators, and why spending varies with income ...

The Department of Labor’s proposed regulation defining fiduciary investment and insurance advice to private sector retirement plans, participants in those plans, and IRA owners (collectively, ...

Consumer discretionary is a term for goods and services that are non-essential products. For example, rice and wheat would be considered essential items. Meanwhile, cars and streaming services are non ...

Discretionary income can be calculated by subtracting the cost of all necessities from an individual’s disposable income for a particular period. For instance, if someone makes $2,500 per month after ...

Discretionary income is a widely used but imprecise definition of that portion of personal income not spent on actual or perceived necessities. Thus discretionary income also includes savings. Perhaps ...

The U.S. Department of Labor has released its package of proposed changes to the regulation defining fiduciary advice and to the exemptions for conflicts and compensation for investment advice to ...