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Ch12L3

Authored by Stephen Loszewski

Life Skills

9th - 12th Grade

Used 6+ times

Ch12L3
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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A detailed list of your investments is referred to as a....

Prospectus

Portfolio

IRA

401k

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A detailed outline of how a firm invests money in a mutual fund is called a...

Prospectus

Portfolio

IRA

401k

3.

MATCH QUESTION

1 min • 1 pt

Match the following.

Taxes are paid as soon as you contribute.

Both 401k and Roth IRA

Should be funded with 15% of your paycheck.

Roth IRA

This retirement account typically comes with a company match.

401k

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To say your 401k comes with a company match...

Means you will contribute whatever the company chooses for you.

Means they will open a second account along with yours.

Means they will also contribute money to your account.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This retirement plan is offered by non-profit companies.

401k

403b

Roth IRA

SEP

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Identify all of the retirement plans below that rely on compound growth to grow you more wealth.

401k

403b

Roth IRA

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Identify all of the options below that are considered retirement plans.

403b

401k

PES

457

Roth IRA

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