WorksheetsFinancial FInal Questions
Total questions: 62
Worksheet time: 1hrs 2mins
If you withdraw money from your 401k or Traditional IRA early, before 59 1/2, what percentage of money do they charge as the fee?
10% early withdrawal fee
45% early withdrawal fee
15% early withdrawal fee
25% early withdrawal fee
What types of retirement accounts are taxed when you retire?
(a)
What are the variations of 401ks? Check all that apply.
(a)
What is different about a Roth IRA compared to the 401k and the Traditional IRA?
(a)
With a Traditional IRA, who sets it up and what are the benefits?
(a)
With a 401k, who sets it up and what are the benefits?
(a)
How does a retirement account work?
(a)
Fill in the blank: The goal in stocks is to, "Buy______,Sell_______
(a)
Why do businesses sell off pieces of ownership in the company?
(a)
What is a Roth IRA?
(a)
What is a Traditional IRA?
(a)
What is a 401k?
(a)
What is the Stock Exchange?
(a)
What is the Stock Market?
(a)
What is Capital Gains when it relates to Stocks?
(a)
What is Capital loss when it relates to stocks?
(a)
What is diversification when it relates to types of investments?
(a)
What is Index Funds when it relates to types of investments?
(a)
What are Bonds when it relates to types of investments?
(a)
What are Stocks when it relates to types of investments?
(a)
What is a credit card?
(a)
What is an asset?
(a)
What is a debit card?
(a)
What is debt?
(a)
What types of withholding's are taken from your paycheck? (Check all that apply)\
(a)
What is net pay?
(a)
What is gross pay?
(a)
What is Compound Interest?
(a)
What is Simple Interest?
(a)
What is the formula for Simple Interest?
(a)
What is the formula for compound interest?
(a)
What types of Fees can a bank charge you on either your checking or savings account?
(a)
How does putting your money in a bank benefit you? (Check all that apply)
(a)
What is a checking account?
(a)
What is a savings account?
(a)
What is an Unsubsidized Loan, when you get a loan for college?
(a)
What is a Subsidized Loan, when you get a college loan?
(a)
What does depreciation mean?
(a)
What does appreciation mean?
(a)
Lenders look at the three “Cs” of credit. What are the three "Cs" of credit?
(a)
What is Insurance Fraud?
(a)
What is the #1 cause of U.S. bankruptcies? Choose the best answer.
(a)
Health Insurance covers sickness, injury, and preventative care.
(a)
Health Insurance
(a)
Whole Life Insurance
(a)
Term Life InsuranceHow does Life Insurance work?
(a)
True or False: It is legally required of you to have auto insurance in most states.
(a)
Types of car insurance coverage
(a)
Find the best answer to define: Homeowners insurance
(a)
Casualty Insurance protects you from...
(a)
Life and health insurance policies protect people from…
(a)
What types of Insurance are there?
(a)
Rider
(a)
Claim
(a)
Risk
(a)
Coverage
(a)
Deductible
(a)
Term
(a)
Beneficiary
(a)
Insurance Premium
(a)
Insurance Policy
(a)
Insurance helps protect people financially from
(a)
