Show:
Traditional/Roth
SEP
SIMPLE
Keogh Plan
Taking Money Out
100
The number of types of basic IRA
What is 2
100
This is who makes deposits into an SEP.
Who is the employer?
100
This is who contributes to an SIMPLE.
Who are employees and employers?
100
A Keogh plan is tax ______
What is tax deferred?
100
What minimum IRA withdrawals are refferred to as.
What are RDMs?
200
This is what IRA stands for.
What is Individual Retirement Account?
200
Are SEP payments required every year?
No.
200
This is what SIMPLE stands for.
What is Savings Incentive Match PLan for Employees
200
Kind of plan a Keogh plan is.
What is a pension plan?
200
Basis in which money is contributed into an IRA.
What is pre-tax?
300
Traditional IRAs are tax ___________
What is deductible?
300
The maximum income percentage eligible to be put into an SEP.
What is %25?
300
The ideal candidate for an SIMPLE.
Who are small businesses?
300
Contribution limits on a Keogh plan are _______
What is higher?
300
A time which the IRS that at least some money be withdrawn.
What is retirement age?
400
Roth IRAs are tax __________
What is free?
400
The maximum dollar amount able to be placed in an SEP.
What is $51,000?
400
This famous actor starred in the film "Knowing."
Who is Nicolas Cage?
400
Those who have heavier burdens with a Keogh plan.
Who are administrators?
400
When RMDs begin at this age.
What is 70 1/2?
500
The maximum dollar amount that can be deposited into a traditional IRA per year.
What is $4,000
500
How an SEP is written off by an employer.
What is a business expense?
500
Where the money paid into a SIMPLE actually goes.
What is an employee's personal IRA?
500
The two ways a Keogh plan can be set up.
What are defined-benefit and defined-contribution?
500
Distributions can be taken without penalty beginning at this age.
What is 59 1/2?