Multiple Choice
What is a difference between the typical structure of a retirement savings account (401(k) ) and an individual retirement arrangement (IRA) ?
A) IRAs typically earn interest, but 401(k) accounts typically earn dividends.
B) IRA contributions are typically made with pretax income while 401(k) contributions are made with post tax income.
C) Employers often match 401(k) contributions, but they do not match IRA contributions.
D) Taxes are due on withdrawals from an IRA but not on withdrawals from a 401(k) account.
Correct Answer:
Verified
Correct Answer:
Verified
Q129: Which of these is the LEAST liquid?<br>A)
Q130: Institutions that serve as the bridge between
Q131: Money is considered a _ because it
Q132: If a person borrows $2,000 at 5%
Q133: As interest rates rise<br>A) there is a
Q135: Another term for a unit of account
Q136: The price of a bond is directly
Q137: M2 includes<br>A) savings deposits and large-denomination time-deposits.<br>B)
Q138: If saving falls during booming times in
Q139: Fiat money<br>A) was initially used by an