Commission
A fee a broker charges for executing a trade. Many brokers now offer commission-free trading on some products, earning instead from spreads, financing or payment for order flow.
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Cash Accounts
Understand cash brokerage accounts, settled funds, buying power and cash sweeps. Compare cash and margin mechanics, with a labelled US T+1 example and clearly stated risks.
401(k)
The US workplace retirement plan: pre-tax and Roth contributions, employer matching formulas, vesting, tax deferral, limits and withdrawal conditions.
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