ABLE, 185, 624
access device, 48
accountable plan, 176
accredited investor, 228, 324
accredited investors, 228
ACH, 49
ACTC, 71
ACY, 311
ADR, 323
AFR, 330, 469, 470, 479, 621, 635
AGI, 68, 71, 99, 100, 128, 156, 160, 165, 175, 193, 195, 218, 261, 408, 477, 479, 537, 541, 565, 568, 580, 586, 588, 589, 592–594, 598, 600, 651
AIME, 574, 575
Alimony, 602
AMI, 483
amortization, 32
AMT, 75, 78, 102, 103, 111, 126, 141, 142, 145, 226, 255, 256, 330
annual recurring revenue (ARR), 454
annuity, 32, 529
AOTC, 83, 215, 219
Applicable Federal Rate, 196
arithmetic return, 293
ARM, 268, 480, 509
asset location, 183
AUM, 341, 482
authorized participants, 227

baby bonds, 326
balanced fund, 256
bankruptcy estate, 83
BAPCPA, 84, 556–558, 560, 597
BDC, 334
BEA, 234
Behavioral Health Services Tax, 497
BLS, 3, 232, 389
BOI, 637
bond, 226
    maturity, 226
break-even point, 169
broad housing ratio, 496, 497
brokerage account, 61
Burn rate, 454
buy-sell agreement, 173

C-corporation, 169
CAC payback period, 454
CAGR, 29, 240, 272, 293, 329, 359
CAL, 245
CAPE, 316
capital interest, 167
CAPM, 278, 312, 313
carried interest, 446, 451, 456
cash, 57
cashless collar, 325
CBO, 482
CD, 19, 55, 66, 89, 92, 93, 116, 118, 125, 187, 224, 248, 301, 332
CFAA, 645
CFPB, 47, 48, 474, 485, 487, 502, 514
CFTC, 140, 248, 374, 379
Chapter 13, 83
Chapter 7, 83
charging order, 558
charitable lead annuity trust, 70
Charitable Lead Trust, 622
Charitable Remainder Trust, 621
check-the-box election, 169
checking account, 57
Churn rate, 454
CLAT, 622
clawback, 446
closed-end fund, 333
CLT, 629
CLUT, 622
COBRA, 531, 536, 586, 603
CoC, 396, 397
COI, 521–523
COLA, 208, 209
commingling, 600
community property, 600
Compound interest, 29
conservatorship, 611
constructive sale, 325
continuation fund, 447
correlation, 236
cost basis, 63
coupon, 226
covariance, 235
covered call, 359
CPI, 20, 26, 28, 85, 232, 270, 406, 552, 557, 576
CPI-U, 328
CRA, 61
CRAT, 582, 621
creation/redemption, 227
credit cards, 59
credit score, 60, 513
CRT, 582, 620, 653, 654
CRUT, 582, 621
CSRS, 557
CST, 627
CTA, 637
CU, 56
cultural capital, 8
Cumulative, 325
current ratio, 41
CUSIP, 229
custodial account, 53, 605
custodian, 57
Customer acquisition cost (CAC), 454
CVLI, 464
cyclical stocks, 317

D/E, 269, 310
D/TA, 41
DAF, 128, 161, 336, 564, 568
DAPT, 555, 556, 559, 560, 585, 631, 653, 654
DBA, 174
DCA, 41, 248, 291, 292
DCF, 25, 35, 316
DCFSA, 117, 118, 212
debit card, 59
debt swap, 489
defensive stock, 317
deflation, 27
depreciation recapture, 180
derivative, 229
    futures, 229
    options, 229
direct indexing, 335
Direct Registration System, 62
disclaimer trust, 638
discount rate, 30
disposition, 146
dividend, 226, 309
    ordinary, 309
    qualified, 309
dividends, 226
DMA, 304
double taxation, 169
downside risk, 276
DPC, 531, 536
DRIP, 309
DSCR, 393, 394
DSPP, 63
DSUE, 627, 638
DTI, 393, 460, 482, 496, 497, 503, 513
durable power of attorney, 597, 611, 646
duration, 327
DVA, 648
dynamic withdrawal, 38

early withdrawal penalty, 332
earnings yield, 310
economic connectedness, 6
EDB, 650, 651
EDGAR, 203, 311
efficient frontier, 245
EIN, 153, 174, 191, 328, 649
emergency fund, 85
employee trading plan, 568
EPO, 531, 532
EPS, 310, 316
equity, 223, 225
equity REITs, 227
equity risk premium, 313
ERISA, 57, 77, 181, 555, 556, 560, 601
ESOP, 77, 181, 182, 309
ESPP, 76, 130, 131, 145
ETC, 342
ETF, 54, 61, 119, 121, 122, 136, 138, 146, 190, 224, 227, 228, 252–254, 256, 285, 287, 289, 295, 304, 305, 307, 308, 325, 337, 350, 358, 359, 372, 381, 459, 461, 490, 530, 561, 567
ETN, 227, 228, 337, 340, 341
ETP, 128, 337, 460, 568
EV, 474, 475
exchange fund, 324
executive functions, 7
exempt-function income, 172
exit tax, 645
expected value, 235
expense ratio, 254
exponential growth, 3

factor, 294
fail to deliver, 307
Fannie Mae, 481, 482, 496, 505, 512
FASB, 379
FATCA, 117, 442, 465, 635
FBAR, 117, 442, 465, 559, 561, 634
FCF, 310, 314
FCF yield, 310
FCRA, 61
FDIC, 47, 54, 55, 58, 86, 332, 530, 597
FERS, 207, 557, 602
FFEL, 478
FHA, 149, 393, 398, 400, 481, 483, 509, 510, 512
FHFA, 393, 481, 482, 502
FICA, 124, 545, 574
FICO, 60
fideicomiso, 438
financial capital, 3, 5, 10, 37
financial instability hypothesis, 13
FinCEN, 117, 176, 442, 465, 559, 619
FINRA, 47, 224, 229, 297, 306, 350, 460, 647
FIRPTA, 428–431
FLP, 621, 644
FLSA, 69, 81
FMV, 73, 141–144, 167, 428, 429, 566
Forecast contracts, 140
foreign earned income exclusion, 116
foreign tax credit, 116, 323
forward market, 374
Freddie Mac, 481, 482, 496, 505, 512
fringe benefits, 117
FSA, 68, 91, 115, 117, 184, 452, 531, 534, 539
FTC, 50, 116, 117, 426, 439, 558
FTD, 307
fully-paid securities lending program, 307
future value, 30
futures, 229
    backwardation, 375
    basis, 375
    contango, 375
    spot, 375
FV, 30, 33, 584

GDP, 30, 232, 314, 377
general partner, 402
geometric return, 293
GGM, 314
GILTI, 440, 441
GPO, 208, 577
GRAT, 605, 620, 624, 629, 642, 653, 654
Growth, 226
GST, 608, 626–628, 653, 654
GSTT, 96, 218, 628
Guaranteed payments, 167

HAF, 401, 483
hard-to-borrow, 307
HDHP, 90, 184, 210, 517, 531, 532, 534
HEA, 486
healthcare power of attorney, 612
HECM, 486
HEL, 393, 483, 484
HELOC, 20, 24, 60, 87, 116, 268, 393, 460, 483, 484, 487, 489, 499
HEMS, 610, 623, 627, 629, 630, 654
HIPAA, 612
HMO, 531, 532, 534, 539, 540
HOA, 90, 172, 402, 416, 417, 426, 483, 497
holographic will, 608
homestead exemption, 557
housing ratio, 496, 497
HSA, 16, 18, 57, 87, 91, 104, 115, 160, 183, 184, 195, 210, 258, 282, 292, 463, 479, 488–490, 517, 531, 534, 536, 538, 539, 541, 573, 581, 585–588, 595, 598, 601, 613, 615
human capital, 2, 37, 261, 263, 268

IBR, 476–478
IDD, 633
identity theft, 49
IDGT, 605, 617, 619, 620, 642, 653, 654
idiosyncratic risk, 269, 270, 324
IDR, 476–479
ILIT, 24, 464, 519, 521, 522, 524, 559, 585, 620, 642, 643, 653, 654
IMF, 248, 253
imputed interest, 469
imputed rent, 493
inflation, 25
inside basis, 167
installment sale, 419
insurance contract, 529
interest coverage ratio, 310
interval fund, 333
IntraFi, 55, 58
IOU, 226
IPI, 234
IPO, 74, 78, 225, 228, 333, 350, 443, 445, 447, 455, 464, 567
IRA, 2, 17, 32, 56, 57, 66, 87, 102, 104, 115, 118, 123, 124, 129, 135, 139, 147, 148, 159, 160, 162, 168, 178, 179, 183, 185, 188, 190, 193, 195, 201, 204, 205, 216, 228, 247, 254, 255, 258, 284, 289, 291, 294, 295, 323, 328, 330, 444, 448, 458, 463, 466, 488, 489, 529, 530, 537, 555–557, 560, 573, 581, 585, 586, 588, 589, 592, 595, 597, 598, 601, 602, 613, 615, 622, 650
IRC, 23, 44, 53, 54, 57, 65–84, 95, 97, 98, 105, 116, 117, 122–124, 126, 133, 135–142, 144, 146, 149, 153–155, 157, 158, 160, 165, 167–173, 175–182, 188, 189, 192–199, 201–207, 209–211, 213–216, 218–220, 226–228, 258, 294, 295, 306, 308, 309, 323–325, 328–330, 333–337, 342–346, 358, 364, 368, 374, 407–411, 413, 414, 416–419, 421, 426, 430, 432–436, 438–441, 444, 446, 449, 451–453, 457, 459, 463, 469, 470, 478, 488, 489, 511, 512, 516, 522–524, 528, 534, 544, 563, 565, 566, 569, 570, 580, 588–592, 594, 595, 601–603, 613–630, 632–634, 636–641, 643–645, 650, 652
IRMAA, 88, 518, 535, 537, 538, 573, 580, 581, 586–594, 598, 642, 651
IRR, 2, 4, 5, 25, 36, 125, 157, 395, 444, 447, 523
IRS, 2, 9, 16, 44, 50, 51, 65, 66, 70, 72, 81, 84, 89, 95–100, 103–109, 111, 114–116, 118, 119, 121–123, 126, 128, 130, 131, 133, 134, 136, 138–144, 146–150, 152–158, 160, 162, 165–167, 169, 170, 173–176, 178–180, 190, 191, 194, 195, 199, 201, 212–214, 295, 306, 328, 340, 345, 346, 364, 387, 392, 404, 406, 408–411, 413, 415–417, 419–421, 423, 427–430, 433–436, 438–440, 442, 446, 449, 451, 453, 464, 466, 469, 470, 479, 480, 484, 486–489, 493, 511, 512, 523, 528, 531, 534, 537, 543, 544, 546, 557, 563, 565–567, 570, 571, 585, 589, 592, 598, 600, 605, 606, 612, 624, 630, 636, 638, 640
ISO, 75, 76, 78, 102, 103, 131, 141, 142, 145, 551
IUL, 463, 521–523

JTWROS, 53, 601, 639
Jumbo, 502

Kelly criterion, 299
Kiddie Tax, 54

leverage, 44
Lifetime value (LTV), 454
limit order, 303
limited partners, 402
liquidity, 41, 89
living will, 612
LLC, 1, 65, 92, 124, 153, 155, 157, 166, 168–175, 177, 182, 204, 387, 404, 417, 422, 427, 428, 433–435, 439, 441, 442, 456, 555, 558–560, 635, 644, 653
LLTC, 83, 215, 219
loan offset, 466
LP, 90, 136, 204, 446–448, 455–457
LPFSA, 117, 212, 534, 539, 540
LTCG, 97, 119, 120, 123–125, 368, 479, 537, 581, 588, 591, 593, 598

Macaulay duration, 327
MACRS, 154, 156, 406–409, 411
MAGI, 69, 79, 102, 119, 133, 134, 145, 150, 160, 193, 197, 479, 493, 511, 532, 537, 538, 586, 588, 589, 591–594
management-fee waiver, 446
margin call, 62, 306, 460
margin trading, 306
Market diversity, 278
market risk, 313
marriage bonus, 600
marriage penalty, 600
maturity, 226
MBS, 251, 481, 482
MEC, 463, 522, 524
MedFSA, 117, 212, 539, 540
Medicare Advantage, 535
Medigap, 535
Medigap Open Enrollment, 535
Mental Health Services Tax, 497
Merton share, 300
MF, 224, 226
MFA, 48
MLP, 132, 134, 135, 228, 325, 345, 585
    unit, 228
MMA, 332
MMF, 86–92, 233, 248
modified duration, 327
money market fund, 332
Money Market Funds, 59
Monthly recurring revenue (MRR), 454
mortgage REITs, 227
MPT, 236, 245, 274–278
MSRB, 224
MSRP, 475

NAR, 405, 416, 422, 427, 498
NAREIT, 248
NAV, 59, 226, 332, 333, 337, 338
NAV loan, 447
NCUA, 47, 54, 56, 332, 474
negative bond, 272
Net dollar retention (NDR), 454
net worth, 42
NFA, 374
NIIT, 82, 88, 110, 119, 129, 138, 141, 144, 145, 147, 170, 295, 308, 324, 329, 344, 350, 364, 415, 431, 439, 440, 479, 497, 512, 581, 588, 589, 593, 594, 633
NOI, 393, 395, 396, 404
non-cumulative, 325
NPC, 474
NPV, 35, 36, 493
NSO, 75, 78, 141–143, 145

OBBBA, 23, 68, 91, 101, 102, 117, 123, 124, 129, 145, 149, 150, 154, 157, 165, 176, 177, 212, 214, 258, 344, 411, 415, 431, 446, 447, 464, 469, 476–478, 488, 493, 497, 511, 519, 528, 565, 581, 585, 588, 591, 593, 611, 628, 637
OCC, 47, 55, 351
OID, 328, 330
omega ratio, 242
opportunity cost, 9, 57, 493, 494
option writer, 349
options, 229, 349
    call, 136, 229
    collar, 352, 362
    put, 136, 229
    spread, 352
    straddle, 352, 365
    strangle, 352, 366
outside basis, 167
overdraft, 58

P/E, 310, 316
partnership, 166
partnership representative, 167
Part E, 535
pass-through entity tax, 177
patronage dividends, 172
payment for order flow, 304
PCE, 21, 232
perpetuity, 34
Personal Financial Data Rights, 48
PFIC, 323, 336, 441, 451
phantom income, 341
PIA, 574
pierce the corporate veil, 174
PIN, 49
PITI, 482, 496, 503
PMI, 149, 160, 481, 491, 497, 498, 501, 503, 512, 513
PMPT, 274, 276–278
POD, 53, 605, 614, 649
POLST, 612
polygenic scores, 7
pooled trust, 624
post-closing liquidity reserve, 503
postnuptial agreement, 599
PPI, 232, 411
PPLI, 523, 524, 637, 653
PPO, 531, 532, 534, 539
preferred return, 402, 446
premium, 229
prenuptial agreement, 599
prepaid forward contract, 452
prepaid variable forward, 325
present value, 30
price improvement, 304
Private Activity Bonds, 329
Private equity, 228
private equity, 228
Private Placement Life Insurance, 637
private real estate fund, 402
probate, 23, 529, 605
professional association, 168
professional corporation, 168
professional limited liability company, 168
profits interest, 167
PropCo, 171
Proposition 13, 492
prospectus, 228
provisional income, 590
PSLF, 476–479
PTE, 74
publicly traded partnership, 167
PV, 2, 30, 33–36, 268

QBI, 154, 173, 176, 404, 427, 439, 538
QCD, 189, 538, 580, 581, 586, 590, 592, 595, 596, 598
QDOT, 627
QLAC, 580
QPRT, 625, 653, 654
QSBS, 78, 95, 144, 169, 171, 177, 444, 451–453, 457
QTIP, 626
Qualified Domestic Relations Order, 601
qualified purchaser, 228, 324
qualified purchasers, 228
qualified replacement property, 181
qualified small business stock, 177

RAP, 91, 476–478, 629
rate of return, 30
rate-shopping, 60
RBD, 650
Real estate professional, 414
real estate professional, 408, 418
real income, 28
reasonable compensation, 169
rebalancing, 293
rebalancing bonus, 293
Reg SHO, 307
Regulation E, 48, 49
Regulation FD, 312
Regulation SHO, 307
REIT, 20, 161, 172, 183, 194, 198, 209, 227, 246, 248, 253–255, 257, 273, 282, 286, 288, 289, 302, 325, 343, 389, 402, 403, 405, 441, 538, 585
    equity, 227
    mortgage, 227
Relative arbitrage, 278
relative risk aversion, 292, 300
repo, 332
retirement, 37
RIC, 172, 333
RILA, 529, 581
risk parity, 285, 294
RLT, 605, 614, 618
RMD, 57, 102, 188, 190, 192, 195, 196, 258, 530, 537, 579, 580, 585, 586, 588–592, 596, 598, 615, 642, 650
roadshow, 228
ROE, 44, 310
ROI, 390, 391, 395, 397, 414
ROIC, 310, 315
RSA, 73
RSU, 10, 13, 65, 73, 78, 89, 90, 106, 108, 111, 112, 115, 122, 129, 132, 145, 189, 265, 350, 363, 514, 518, 544, 549
RUFADAA, 606, 612, 645, 646
Rule 15c3-3, 62
Rule of 72, 29
runway, 454

S-corporation, 168
SAA, 486
SAFE, 177, 449–453
SAI, 215, 217
SALT, 68, 90, 102, 150, 160, 165, 177, 182, 329, 492, 511, 565, 600
sample variance, 235
SAR, 76
savings account, 58
SBA, 428
SBLOC, 20, 24, 86, 87, 90, 91, 459, 461, 477, 488–490, 538, 593, 594, 598
SDI, 44, 111, 190, 497, 542, 547, 548
SDIRA, 147, 202, 203
SEC, 47, 63, 127, 128, 157, 202, 224, 228, 248, 304, 307, 311, 323, 350, 385, 444, 456, 461, 568
security, 223
see-through trust, 651
self-directed IRA, 57
self-employment tax, 166
SEPP, 196
sequence of returns risk, 38
Series LLC, 171
Shannon’s Demon, 293
sharpe ratio, 241, 270
short selling, 307
short squeeze, 307
SIPC, 56, 62, 308, 597
SLAT, 559, 560, 585, 605, 629, 642, 653, 654
SMA, 335
social reproduction, 8
SOFR, 233, 306, 459, 462, 464, 479, 593
sole proprietor, 166
sortino ratio, 242, 276
special needs trust, 624
specified service trade or business, 176
SPT, 274, 278
SRO, 224
SSA, 50, 515, 537, 545, 546, 574, 586, 642, 648
SSDI, 542, 545, 546, 548
SSI, 545, 620, 623, 624
SSN, 48, 50, 118, 174, 328, 514
SSNRA, 543
stagflation, 28
standard deviation, 235
state disability insurance, 547
step-up in basis, 336
stock, 225
    split, 226
stop order, 303
strike price, 229
STRIPS, 88, 300, 330
structured note, 341
subscription credit line, 447
substantial economic effect, 167
substitute payments in lieu of dividends, 308
Supplement, 535
SWR, 38, 40, 279, 573, 574
syndication, 402

T-bills, 301
TBE, 557, 560, 585
TCJA, 65, 78, 102, 123, 124, 145, 149, 150, 154, 155, 161, 178, 316, 329, 344, 410, 412, 427, 431, 494, 511, 538, 581, 588, 589
TDF, 279, 283
throwback rule, 632
throwback rules, 634
ticker, 226
time diversification, 253
time value of money, 25
timing luck, 293
TIN, 81, 118, 153
TIPS, 20, 104, 126, 226, 232, 248, 255, 261, 263, 287–289, 302, 328, 584
TOD, 53
Total addressable market (TAM), 454
trader tax status (TTS), 122
tranching, 293
Treasury Bills, 59
trust, 605, 614
trust company, 57
trustee, 605
TSP, 207
TWAP, 305

UBTI, 135, 147, 168, 172, 203, 204, 228, 342, 346
UDFI, 147, 203
UFIPA, 615, 633
UGMA, 53, 216
UIT, 334
unemployment rate, 233
units, 228
UPC, 613
USDA, 149, 393, 481
USRPHC, 429
USRPI, 428–430
UTC, 615
UTMA, 53, 216, 605, 609, 610
UVTA, 559

VA, 393, 398, 478, 481, 483, 502, 509, 512, 529, 530, 557
value, 226
value trap, 317
variance, 22, 234
VC, 90, 168, 174, 448, 454–457
volatility, 236, 247
volatility drag, 293
volatility skew, 366
volatility smile, 350
VUL, 463, 522, 637
VWAP, 305

WACC, 314
wash-sale, 335
WEP, 208, 577
will, 23, 605, 607
WL, 463, 522

YTM, 327

Zero-day-to-expiration, 357