investment
What does stock ownership mean?
Buying a tiny piece of a company.
What is a 401k?
A tax advantaged account to save for retirement through work
how many federal income tax brackets are there
7
what happens to prices when demand is higher than supply?
they go up
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resident evil 9
High risk usually means high....
potential reward or loss
Why do people save for retirement
so they can stop working when they are older
What percentage of my income will go to federal taxes
10% to 37%
What is supply
How much of a product is available
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yeat
What is compound interest
earning interest on your interest
What is a pension
guaranteed monthly income after you retire.
can you pay someone to do your taxes?
yes
What is demand
How much people want to buy something
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vette c8
What is a stock?
a tiny piece of a business you can buy
Is it better to start saving for retirement early or late
early
True or False, income tax takes the same small percentage from everyone.
False, its a progressive tax so its small for low earners and big for high earners.
What is currency
Money used in a specific country like dollars or euros
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and I love her
What is a dividend
extra cash a company pays you for holding their stock
What does IRA stand for
individual retirement account
What is a tax refund
money the government gives back if you overpaid taxes
What is a budget deficit
spending more money than you make
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diehl