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Money Matters Chapter 3 Semester Review

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Description:
Keywords: , , , , , , online teaching

Content:
Definitions:
0. The age when you can withdraw money from your Roth IRA
1. Baby Step 4
2. $5000
3. Qualified Plan
4. Direct Transfer
5. $10,000
6. Never save for college using
7. Manager of child%27s account until they reach 18
8. 401k
9. SEPP
10. Baby Step 5
11. Roth IRA
12. Rule of 72
13. Used after you max out your ESA
14. Pension Plan
15. ESA

Answers:
0. Contribution limit for a married couple for a Roth IRA
1. Prepaid tuition, insurance, or savings bonds
2. Contribution limit for a Roth IRA
3. What you should do with your 401k if you leave the company
4. A retirement plan that is 100%25 funded by the company
5. College Funding
6. Retirement plan for self employed people
7. Retirement plan offered by most companies today.
8. 59 1/2 years old
9. 15%25 of your income to a retirement plan
10. Means that it has special tax treatment
11. Way to calculate length of time to double an investment
12. UTMA
13. used for college savings
14. Investment grows tax free
15. Custodian
.