Retirement/Benefits
This retirement savings plan is provided by an employer.
What is a 401(k)?
This is the smallest amount you can pay on your credit card each month.
What is the minimum payment?
What is Form 1040?
The act of setting aside money for future expenses, emergencies, or goals.
What is saving?
These students can help you navigate financial aid, student billing, and personal finance.
Who is Peer Mentors (David and Cassandra)?
This account offers tax-free growth and tax-free withdrawals for qualified medical expenses.
What is a Health Savings Account (HSA)?
This rate is charged annually for borrowing on credit, not accounting for compounding.
What is APR (Annual Percentage Rate)?
This is the income number that the IRS uses to determine how much of your income is taxable.
What is Adjusted Gross Income (AGI)?
This represents the amount of money earned on a savings account or investment over a specific time period.
What is interest?
This interactive tool allows students to estimate their tuition and fees.
What is a tuition calculator and chart?
This type of IRA allows for tax-free withdrawals in retirement.
What is a Roth IRA?
Fees charged for transactions made outside the country.
What are foreign transaction fees?
These reduce your taxable income, with specific expenses eligible for this benefit.
What are deductions?
This type of savings account typically account typically offers higher interest rates in exchange for higher balance requirements.
What is a high-yield savings account?
This financial resource center is located in Corvallis but can help all OSU students.
What is the Center for Advancing Financial Education (CAFE)?
This benefit provides a percentage of your income if you're unable to work due to a disability.
What is disability insurance?
This is the consequence of not paying your credit card bill on time.
What is a late payment fee?
This credit directly reduces your tax bill, dollar-for-dollar.
What is a tax credit?
This rule helps investors understand how long it will take for an investment to double at a fixed annual rate of interest.
What is the Rule of 72?
This online application is administered by the U.S. Department of Education and helps colleges identify your financial need.
What is the Free Application for Federal Student Aid (FAFSA)?
This type of retirement plan guarantees a specified monthly payment in retirement, traditionally funded and managed by employers.
What is a pension plan?
This term refers to the maximum amount you can charge to your credit card.
What is a credit limit?
This schedule lists various tax rates applicable to different levels of taxable income.
What are tax brackets?
Federal law allows you to withdraw money from a savings account this many times each month.
What is 6 times?
This OSU department is who you contact if you have issues with your tuition bill.
Who is Student Accounts?