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Delayed Retirement Credit Rates

Age 65 Monthlypercentage (%)Yearlypercentage (%)Prior to 1982 1/12 of 1% 1%1982–1989 1/4 of 1% 31990–1991 7/24 of 1% 3.51992–1993 1/3 of 1% 41994–1995 3/8 of 1% 4.51996–1997 5/12 of 1% 51998–…

Castelo Branco, Humberto

(Encyclopedia) Castelo Branco, Humberto o͞ombĕr´to͝o kəshtĕ´lo͝o bräng´ko͝o, 1900–1967, president of Brazil (1964–67). An army officer, he served as chief of staff of the Brazilian army before…

commercial paper

(Encyclopedia) commercial paper, type of short-term negotiable instrument, usually an unsecured promissory note, that calls for the payment of money at a specified date. Because it is not backed by…

bond

(Encyclopedia) bond, in finance, usually a formal certificate of indebtedness issued in writing by governments or business corporations in return for loans. It bears interest and promises to pay a…

American International Group

(Encyclopedia) American International Group (AIG), American multinational insurance corporation whose potential bankruptcy in 2008 led to the largest federal bailout of a private company. AIG was…

Gray Davis, 2003 News

California politician, was ousted as governor in October, when he lost a recall election eleven months after he was reelected. About 54% of voters approved the recall. Austrian-born body…

R. G. Dun Biography

R. G. Dun(Robert Graham Dun)merchant, financial services brokerBorn: 1826Birthplace: Chillicothe, Ohio He began his career in Tappan & Douglass, the first mercantile agency in New York…

Social Security in the U.S.

Source: Social Security Administration, www.ssa.gov .Old Age, Disability, and Survivors InsuranceWho Pays for the Insurance?How to Apply for BenefitsWhat Does Social Security Offer?You Can Earn…