Basic Savings/Investing Accounts

Basic Savings/Investing Accounts

Assessment

Flashcard

Social Studies

12th Grade

Hard

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8 questions

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1.

FLASHCARD QUESTION

Front

Low interest rate, low minimum balance, immediate access

Back

Simple Savings Account

2.

FLASHCARD QUESTION

Front

Retirement Account offered through an employer, in which your employer will match contributions

Back

401(k)

3.

FLASHCARD QUESTION

Front

A loan given to a government or company

Back

Bond

4.

FLASHCARD QUESTION

Front

A retirement account you choose to open on your own.

Back

IRA

5.

FLASHCARD QUESTION

Front

Savings account that has check writing abilities

Back

Money Market Account

6.

FLASHCARD QUESTION

Front

Savings account that requires you to leave your money in for a set amount of time.

Back

CD

7.

FLASHCARD QUESTION

Front

A type of investment account in which your money is pooled with others, and usually includes a mixture of investments

Back

Mutual Fund

8.

FLASHCARD QUESTION

Front

An investment option that allows you to buy a share of a company.

Back

Stock