Assets marketing and plannin Flashcards

1
Q

systems, institutions that engage in exchange

A

Markets

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

evalutation of individuals current pay and future financial state using current variables known to predict the future income /plans

A

Planning

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

type of financial institution that accepts deposits offers checking acct services makes business and personal mortgage loans, all to help

A

Commercial banks

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

an institution that accepts savings at interest and lends money to savers for home mortgage loans and may offer acts

A

Savings and loans

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

financail institution that is run and owned by day its members — pool their deposits and provide loans and other financial services to eachothet

A

Credit unions

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

a way to save for retirement that gives you tax advantages

A

Traditional IRA

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

contributions are not tax deductible earnings are never taxed even after withdraw

A

Roth IRA

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

offers employees the ability to save for retirement through payroll deductions that are sometimes matched by employers

A

401K and 403B

How well did you know this?
1
Not at all
2
3
4
5
Perfectly