Font size
WorksheetsSaving 17.2
Total questions: 15
Worksheet time: 34mins
Tap into your savings on a regular basis
A(n) is an investment account that offers tax breaks as an incentive to save for retirement.
(a)
There is only 1 way to save money.
True
False
EE bonds and I bonds are types of (a)
A money market account is a type of savings account that typically pays a lower interest rate than a regular savings account.
True
False
Money market accounts, US savings bonds, mutual funds, annuities, and retirement accounts are all types of:
ways to save
ways to earn
ways to spend
ways to make
A type of account in which deposited money earns money while being protected from loss is a(n) (a)
In terms of savings, CD stands for:
compact disc
certificate of dinero
cookie dispenser
certificate of deposit
A _______ encourages you to form a habit of saving money.
savings club
spending club
deposit slip
income withholding
Buying US Savings bonds is a way to support the government. It is often seen as being _____.
thrifty
cheap
`bitter
patriotic
If bonds are lost, stolen, or destroyed, they can not be replaced.
True
False
Some (a) offered through employers are 402 (k) or 403 (b)
Emergencies, job loss, travel, education, and retirement are all common reasons for saving.
True
False
Intentionally writing a check that will bounce is:
ethical but illegal
unethical and illegal
ethical and legal
unethical but legal
