Retirement Plan Anagrams
One element of the "Three-Legged Stool" of retirement:
I CLUES A CORSITY
Social Security
Trust
The three sources of retirement savings include Social Security, 401 (k), and ________
Personal Savings
The maximum employee elective deferral into 401(k) in 2025? (Under 50 yrs old)
$23,500
The WSJ says the "Safe" rate for this is now 3.3%:
A WILD RATHW
Withdrawal
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)
The maximum Roth IRA contribution for 2025 (Under 50 years old)
$7,000
A plan sponsor's legal duty to put you first:
IUCIDYFAR
Fiduciary
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)
The overall 415(c) contribution limit for defined contribution plans in 2025, combining employee deferrals, employer match, and forfeitures
$70,000
Biden kept this Trump-era rule for moving a 401(k):
LOVER LOR
Rollover
Estate
_________ is the strategy of selling investments at a loss in order to offset other sales that produced gains.
Tax Loss harvesting
When managing withdrawal of retirement savings, the rule of thumb is to withdraw 3 to 4% annually. At a rate of 4%, you would expect retirement savings to last for
25 years
The WSJ noted 85% of these "pros" lagged the S&P 500:
KOTCS PREIKCS
Stock Pickers
An exception to the 401(k) early withdrawal penatly may apply to someone who is ________.
Disabled
non-profit or 501(c)(3)
The excise tax penalty, applied to the amount of a required minimum distribution that a taxpayer fails to withdraw
50%