While most payout services take three-to-five business days, Balanced has worked to enable next-day and same-day payments.
In most companies payouts for performance don't increase at a steady rate.
And so the bonuses Wall Street received last year, billed as paltry at the time, are turning out to be among the most lucrative payouts ever.
Aside from the recipients, few question the need to amend the pension scheme for state employees, who enjoyed some of the most generous payouts in the world.
For example, one of the most controversial payouts on Wall Street involved the $3.6 billion bonus pool at Merrill Lynch; the firm paid out $2.5 billion of that amount in December, earlier than usual, before its merger with Bank of America.
Second, general worry about equities at the lofty levels of the market indexes, which leads the yield-hungry to prefer fixed-income instruments even though most have payouts below REITs.
While the 15% rate applies to most corporate payouts, that's not the case for most real estate investment trust dividends or for bond fund dividends, which are really interest and are taxed at ordinary income rates of up to 35%.
The city's most expensive payouts resulted from civil-rights violations and other forms of misconduct such as alleged shootings, beatings and wrongful imprisonment.
