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vagabundo [1.1K]
3 years ago
14

Need help ASAP please help me match them Plato.

English
1 answer:
velikii [3]3 years ago
5 0

Answer:

1) Individual Retirement Account

2) Certificates of Deposits

3) Stocks

4) 401K Plan

5) Savings Account

Explanation:

1) Individual Retirement Account (IRAs):

Allow individuals to open an account and begin saving funds towards retirement with tax benefits; can be traditional or Roth.

2) Certificate of Deposits (CDs):

Similar to savings account but has higher interest rates, fixed terms and a fixed interest rate.

3) Stocks:

Investment in publicly traded companies; provides owner in a company, can be common or preferred.

4) 401K Plan:

Employee-sponsored benefit plans which provide individuals with the chance to put a portion of their earnings in a financial portfolio, contributions are exempt from income tax and can be rolled over into an IRA or future e.

5) Savings Account:

Earn interest overtime but have limited number of transfers and withdrawals allowed.

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