Latin Lessons

February 24, 2015 | Posted by LCEF

There are Latin phrases on America coins and paper money. Do you know their meaning? Annuit Coeptis: “He [God] has favored our undertakings.” Though the literal Latin translation does not specify the subject, many of America’s founding leaders such as Benjamin Franklin and George Washington, believed God’s will was behind the successful creation of the […]

 

Interesting Investing

| Posted by LCEF

There are many calculators out there to help you project your earnings in an interest bearing investment or account (like your Y.I. StewardAccount®), including those on LCEF’s website. But it’s a good idea to know how to make those calculations yourself. Simple Interest Dollar Amount x Interest Rate x Length of Time (in Years) = […]

 

Taxes – Do I Have To File A Tax Return?...

| Posted by LCEF

As a young person, you likely are not earning enough to be required to file a tax return. In the 2013 tax year, the standard deduction for people not married was $6,100. Since you are a dependent, you are not expected to file a return if you earn up to that amount. When you start […]