Investments
what does CD's stand for?
Certificates of Deposit
One of the basic sources of retirement income
Social security
What are the 2 main ways to do your taxes
Turbo Tax
Paying somebody to do it for you
What is the money you save for later
Savings
Doomsday
how many different types of investments are there?
7
An interest that you receive based on the prior interest earned
Comound interest
When is the tax deadline
April 15
What is money you borrow and pay back
A loan
How many continents are there
7
why does risk level matter in investments?
help you choose investments that are safe and suitable for you.
What is a pension
A retirement plan where an employer makes regular payments to a worker after they retire, providing lifelong income
What is gross income
It's how much money you earn
What is the money the government collects
Taxes
What is the only mammal that can fly
A bat
What is S&P 500?
500 largest companies on the US stock market
Examples of pension
401(k)
Traditional IRA
Roth IRA
Social Security
What is a W-2 form?
How much money you made
Sales tax
What is the largest planet
Jupiter
What is an investment?
Putting money into something that you hope will make more money on
Is it ever too early to start a retirement plan
No
What are regressive taxes
Taxes that everyone pays, but hurt people with less money
What is econ
The study, people, and choices
What year did the Titanic sink
1912