Know What You're Buying
A share of ownership or equity in a corporation.
What is a stock?
An investor-established tax-deferred account set up to hold and invest funds until retirement.
What is a Traditional IRA?
Recently retired CEO of Berkshire Hathaway, known as The Oracle of Omaha.
Who is Warren Buffet?
The current value of a publicly traded company, based on the total dollar amount that all of its outstanding shares are worth.
What is Market Capitalization?
2026 IRA Contribution Limit
What is $7500?
A debt, or IOU, issued by a company, municipality or government agency, that promises to repay the debt on a specified date with specified interest.
What is a bond?
An account set up to hold and invest funds until retirement, into which contributions are nondeductible and from which all distributions may be nontaxable.
What is a Roth IRA?
Current CEO of Disney
Bob Iger
Companies that have a value of $10 billion or more.
What are Large-cap?
2026 401k Contribution Limit
What is $24,500?
A product in which shareholders pool their money together to invest in securities, such as stocks and bonds, chosen by a manager.
What is a mutual fund?
An employer sponsored retirement plan which allows optional employee salary deferral contributions and mandatory employer matching contributions.
What is a Savings Incentive Match Plan for Employees or SIMPLE IRA?
Radio show host and author of books such as The Total Money Makeover and Financial Peace.
Who is Dave Ramsey?
Companies that have a value of $2 billion - $10 billion.
What are Mid-Cap?
2026 SIMPLE IRA Contribution Limit
What is $17,000?
This passively managed investment holds assets such as stocks, commodities, or bonds and is traded on stock exchanges.
What is an Exchange Traded Fund or ETF?
A company-sponsored retirement account in which employees can contribute a percentage of their income, and Employers often matching at least some of these contributions.
What is a 401k?
The Current Chair of the Federal Reserve.
Who is Jerome Powell?
Companies that have a value of $250 million - $2 billion.
What are Small-cap?
What is $72,000 or 25% of compensation, which ever is less?
A contract sold by an insurance company to an individual that provides for accumulation of a principal sum of money with the agreement that the individual will later receive payments at specified intervals.
What is an Annuity?
A type of business retirement plan that allows an employer to contribute tax-deductible dollars to owner's and employee's retirement account as a percentage of their individual compensation, and that percentage is at the discretion of the owner from year to year.
What is a Simplified Employee Pension IRA or SEP IRA?
Spearheaded the Taxpayer Relief Act of 1997 and the creation of the Roth IRA.
Who is Senate Finance Committee Chairman William Roth?
Companies that have a value of $50 million - $250 million.
What are Micro-cap?
2026 529 Account Contribution Limit
What is $19,000 per donor, per beneficiary?