Business, 05.05.2021 05:50 smagallanes

Question 1 True or False - Inflation must be considered when planning for retirement.
Question 1 options:
A. True
B. False

Question 2
Which of the following is a type of retirement plan?
Question 2 options:
A. 401K
B. Roth IRA
C. Traditional IRA
D. All of the above

Question 3
What is a type of retirement savings plan funded by a portion of your salary that is deducted from your gross paycheck and placed in a special account?
Question 3 options:
A. Pension
B. Roth IRA
C. 401K
D. None of the above

Question 4
True or False - A traditional IRA and a Roth IRA have the same benefits.
Question 4 options:
A. True
B. False

Question 5
True or False - There is NO limit on the amount of money that you put into an IRA each year.
Question 5 options:
A. True
B. False

I have a quiz for one of my classes and want to double-check my answers.

1. A
2. C
3. D
4. A
5. A
Please let me know what is right and wrong.

Answers: 1

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Question 1 True or False - Inflation must be considered when planning for retirement.
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