Retirement Review
Authored by Sara Pedrick
Life Skills
9th - 12th Grade
Used 6+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Income for social security is always more than enough to live on for retirement.
true
false
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You should borrow money from your retirement account.
true
false
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You can withdrawl money from your Roth IRA when you are .... years old
55
60
65
59.5
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Earnings are tax free for a Roth IRA.
true
false
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is tax deductible?
traditional IRA
Roth IRA
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
For a 403b plan, it is tax deferred, which mean you pay the taxes when you...
contribute the money
withdraw the money
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
For a 401K match, employers match an employees contribution with 100% of whatever the employee contributes.
true
false
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