Question

In some cases, employers will match the employee contribution, but you should fund your plan whether your company matches or not. This statement refers to:
401(k)
Bond funds
Roth IRA
Single stocks
Federal agency responsible for collecting taxes and for the interpretation and enforcement of the Internal Revenue Code
Federal Deposit Insurance Corporation
Internal Revenue Service
A savings plan operated by a state or educational institution designed to help families set aside funds for future college costs
Guaranteed Investment Contract
529 plan
Quality of an asset that permits it to be converted quickly into cash without loss of value; availability of money
Liquidity
Risk
The government agency responsible for regulating the stock market
Securities Exchange Commission
Federal Reserve
Long-term investments, properly diversified, include the following mutual funds:
Growth, growth and income, bond, aggressive growth
International, bond, aggressive growth, growth
Growth, growth and income, international, aggressive growth
Growth, balanced, international, bond
A mutual fund portfolio that is properly diversified will have all investment dollars located in just one of four different classes of financial assets.
False
True
Relationship of substantial reward compared to the amount of risk taken
Investment strategy
Risk-return ratio
A savings account sold by an insurance company, designed to provide payments to the holder at specified intervals, usually after retirement.
Single stock
Mutual fund
Money market
Annuity
A young investor willing to take moderate risk for above-average growth would be most interested in:
Bonds
Real estate
Single stocks
Mutual funds
A retirement plan found in nonprofit organizations such as churches, hospitals and schools.
401(k)
457
403(b)
GIC
The purpose of war bonds is to finance military operations during war time. The last time the United States issued war bonds was during the Vietnam War
True
False
If you get into financial trouble, borrowing against your retirement plan is a good option.
False
True
Saving and investing have nothing to do with the amount of money you make.
False
True
To ensure that some of your retirement savings will not be subject to income tax upon withdrawal, you would contribute to:
A 401(k)
A Roth IRA
A traditional IRA
An annuity
Single stocks and mutual funds carry the same amount of risk.
False
True
When buying and selling investments, you should not:
Learn the different types of investments
Switch your investment strategy often, based on market conditions
Set your investment goals and consider a time frame
Understand basic investment strategies and identify ones that will help you reach your goals

Answer 1

1) In some cases, employers will match the employee contribution... refers to: 401(k)

2) Federal agency responsible for collecting taxes...: Internal Revenue Service

3) Savings plan operated by a state... for college costs: 529 plan

4) Quality of an asset that permits it to be converted quickly into cash: Liquidity

5) Government agency responsible for regulating the stock market: Securities Exchange Commission

6) Long-term investments, properly diversified, include the following mutual funds: Growth, balanced, international, bond

7) A mutual fund portfolio that is properly diversified will have all investment dollars located in just one of four different classes of financial assets.: False

8) Relationship of substantial reward compared to the amount of risk taken: Risk-return ratio

9) A savings account sold by an insurance company, designed to provide payments to the holder at specified intervals, usually after retirement.: Annuity

10) A young investor willing to take moderate risk for above-average growth would be most interested in: Mutual funds

11) A retirement plan found in nonprofit organizations such as churches, hospitals and schools.: 403(b)

12) The purpose of war bonds is to finance military operations during war time. The last time the United States issued war bonds was during the Vietnam War: False

13) If you get into financial trouble, borrowing against your retirement plan is a good option.: False

14) Saving and investing have nothing to do with the amount of money you make.: False

15) To ensure that some of your retirement savings will not be subject to income tax upon withdrawal, you would contribute to: A Roth IRA

16) Single stocks and mutual funds carry the same amount of risk.: False

17) When buying and selling investments, you should not: Switch your investment strategy often, based on market conditions