Credit cards
The most common type of revolving loan.
What is Credit Card?
The agency that implements and enforces federal tax policy and collects tax revenues.
What is the IRS?
The five hundred of the largest publicly traded companies whose performance serves as a broad‐based measure of the stock market as a whole.
What is S&P 500?
The 2 most common tax-advantaged retirement plans called?
What is 401k and IRA?
Metal plan that has the highest monthly premium.
What is Platinum?
The percentage is your FICO score based on your credit card history.
What is 35%.
The range of income levels that are subject to a specific tax rate called.
What is tax bracket.
The lowest risk bonds.
What is United States government bonds?
Interest on top of interest called.
What is compound interest?
The health insurance plans allow you to go out of your doctors network.
What is PPO and POS?
The 21 days you can pay your due bills without penalties.
What is grace period?
The idea that tax takes a higher percentage of income from the wealthy or high-income earners than from the poor or low-income earners?
What is progressive tax?
The shares of profits that can be paid regularly called?
What are dividends?
This IRA provides an immediate tax benefit by reducing your taxable income.
What is traditional IRA?
This health insurance is available to all people over age 65 or with certain disabilities.
Medicare?
Maximum percentage of the preferred amount of credit card utilization.
What is 30%
The form that you need to fill out to inform your employer how much federal income tax to withhold from their paychecks.
What is W-4 form.
The time frame during which the investor makes and manages investments
What is investment horizon.
The rule that suggests that retirees can safely withdraw 4% of their total portfolio value at the time of retirement every year.
What is 4% rule?
EPO stands for
What is exclusive provider organizations.
5 C’s of credit.
What is Capacity, Capital, Collateral, Conditions, and Character.
The states that have an inheritance tax
What is Iowa, Kentucky, Maryland, Nebraska, New Jersey, and Pennsylvania?
Form of investment that is considered highest risk.
What is Cryptocurrency, precious metals, P2P lending, penny stocks, collectibles, future commodities?
The period called when the employee to has full ownership of their employers contributions to their retirement plan
Mr. Lester’s favorite candy bar.
What is Twix bars?