A discretionary account allows a financial advisor or portfolio manager to make investment decisions for the account holder. This type of account suits investors who prefer not to manage their ...

A nuanced understanding is crucial when offering compensation beyond employees' agreed-upon salary or wages.

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

Kelly Larsen has been in finance for more 10 years with bylines at Auto Trends Magazine and Buy Side from WSJ. Fox Money is a personal finance hub featuring content generated by Credible Operations, ...

Discretionary expenses refer to non-essential spending on goods and services that are not required to maintain basic living standards. These expenses are often associated with leisure, entertainment, ...

Discretionary income is your income you have left over paying taxes and taking care of your necessities for living. Discretionary income can be determined by keeping track of how you're spending money ...