Do Now 71

Do Now 71

10th Grade

11 Qs

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Do Now 71

Do Now 71

Assessment

Quiz

Mathematics

10th Grade

Medium

Created by

Katelyn Mazurkiewicz

Used 1+ times

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11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the below is an employer based retirement plan that both employees and employers contribute to?

Traditional IRA

Roth IRA

401K

Pension

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of employers usually offer pension plans for employees?

Government agencies

fast food restaurants

small start ups

private schools

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these accounts do you set up at a brokerage firm or other financial institution?

401K

Pension

Individual Retirement Account

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these accounts will NOT change if you switch jobs?

IRA

401K

Pension

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of below accounts is your contribution directly taken out of your paycheck?

401K

IRA

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of account will your employer often "match" your contributions?

Traditional IRA

401K

Roth IRA

Pension

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does tax deferred mean?

You pay taxes when you put the money into the account and when you withdraw it.

You pay taxes now when you contribute to your account.

You pay taxes at a later date when the money is withdrawn.

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