Who contributes to 401K’s?
Personal Finance Review

Quiz
•
Social Studies
•
12th Grade
•
Medium
Mary Maddox
Used 86+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
employees and employers
parents
the government
no one
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Risk can be defined as
the potential for good fortune
the potential for profit
the potential for loss
the potential for gain
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What happens if you withdraw money from your retirement account early?
amount withdrawn will be taxed at your current income tax rate & you may pay a penalty-
nothing will happen
you loose interest
you loose your investment
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the best type of investment for someone nearing retirement?
stocks
mutual funds
bonds
real estate
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Who contributes to IRA’s?
individuals only
employers only
the government
individuals and employers
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Although banks typically pay low interest rates, you can earn more money from a bank if you put money into
an interest-baring checking account
a savings account
a CD (certificate of deposit)
skip the bank & put the money under the matress
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
When is the best time to start planning for your retirement?
as early as possible & by your early 20s
as late as possible & close to the retirement party
in your 40s after you have all the children you plan to have
in your 60's when you start keeping your grandchildren
Create a free account and access millions of resources
Similar Resources on Quizizz
19 questions
Understanding Career and Financial Planning

Quiz
•
8th Grade - University
15 questions
Saving and Investing 2

Quiz
•
11th - 12th Grade
15 questions
Saving & Investing

Quiz
•
9th - 12th Grade
15 questions
Unit 5 Financial Planning Vocab

Quiz
•
12th Grade
18 questions
Investing Review

Quiz
•
9th - 12th Grade
15 questions
PFL UNIT 1 Review Part 1

Quiz
•
9th - 12th Grade
20 questions
Investing basics quiz

Quiz
•
11th - 12th Grade
25 questions
Retirement Planning Quiz

Quiz
•
12th Grade
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade
Discover more resources for Social Studies
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade
65 questions
MegaQuiz v2 2025

Quiz
•
9th - 12th Grade
10 questions
GPA Lesson

Lesson
•
9th - 12th Grade
15 questions
SMART Goals

Quiz
•
8th - 12th Grade
45 questions
Week 3.5 Review: Set 1

Quiz
•
9th - 12th Grade