Worksheets401k’s
Total questions: 5
Worksheet time: 3mins
Name
Class
Date
1.
You’re a high-earning individual in your peak earning years.
You prefer a tax benefit now during your high-earning years.
a)
401k
b)
Roth 401k
2.
You want the flexibility to avoid required minimum distributions during your retirement, allowing your retirement savings to grow tax-free for as long as you like?
a)
401k
b)
Roth 401k
3.
You are looking for a way to diversify your tax exposure in retirement,
and you would like to potentially develop a tax-free income source?
a)
401k
b)
Roth 401k
4.
You prefer to reduce your current taxable income
and potentially receive a tax deduction for your contributions.
a)
401k
b)
Roth 401k
5.
You more focused on long-term tax planning and
want to maximize tax-free withdrawals in retirement?
a)
401k
b)
Roth 401k
100 %
