Investing
What is the name of the after tax investment account we discussed?
Roth IRA
What does EIN stand for?
Employer Identification Number
When is TAX day?
April 15th
What is an IPO?
Initial Public Offering
What is one of the alternative markets we discussed in class?
Shoes, Crypto, Gaming
How old do you have to be to touch your investment accounts penalty free?
59.5
What is the FDIC?
Federal Deposit Insurance Company
When must an employer have sent you your W2?
January 31st
What is a 403b plan?
Similar to a 401k.....
What is the investment APP that rounds up your purchases and invests the change for you?
Acorns
How much money can you pull out of a retirement account for first time home purchase?
10,000
What does COLA stand for?
Cost of Living Adjustment
What is teh form you fill out for your employer during the hiring process?
W4
What does NAV stand for?
Net Asset Value
Is a credit union publicly owned or privately owned?
Public
What is a 529 plan?
Tax advantage savings account for children
What is the definition of Principal?
Original amount invested or borrowed
How long does someone have to live with you to claim them on taxes?
6 months and a day
What does AUM stand for?
Assets under management
A dollar in 1960 is worth how much today?
10.50
What is the maximum amount you can put into a Roth IRA each year?
6,000
What is the Rule of 72?
Method for figuring out how long to double your money
What is the last day to file with an extension?
October 15th
What do FICA taxes fund?
Social Security
What is box number 4 on your W2?
Social Security Tax Withheld