Retirement Plan Anagrams
One element of the "Three-Legged Stool" of retirement:
I CLUES A CORSITY
Social Security
This contract can provide a stream of retirement income for extra financial immunity.
Annuity
Trust
The three sources of retirement savings include Social Security, 401 (k), and ________
Personal Savings
The WSJ says the "Safe" rate for this is now 3.3%:
A WILD RATHW
Withdrawal
This term tells you when employer contributions are no longer forfeitable and are yours instead of just resting.
Vesting
There are three of these for retirement income
Sources
Leaving a job before you are fully vested can mean you risk ______ your employer's 401(k) contribution.
Losing (forfeiting)
A plan sponsor's legal duty to put you first:
IUCIDYFAR
Fiduciary
This framework says retirement income should come from Social Security, employer plans, and personal savings, that’s the rule.
Three-Legged Stool
Moving a 401(k) to an IRA is known as this
Rollover
A _______ allows homeowners to borrow against the equity that they have in their homes.
Home Equity Line of Credit (HELOC)
Biden kept this Trump-era rule for moving a 401(k):
LOVER LOR
Rollover
This process of choosing the mix of stocks, bonds, and cash is part of retirement plan calculation.
Asset Allocation
Estate
_________ is the strategy of selling investments at a loss in order to offset other sales that produced gains.
Tax Loss harvesting
The WSJ noted 85% of these "pros" lagged the S&P 500:
KOTCS PREIKCS
Stock Pickers
This model runs many possible retirement outcomes instead of one fixed situation.
Monte Carlo simulation
An exception to the 401(k) early withdrawal penatly may apply to someone who is ________.
Disabled
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