Chapter 3 T/F Flashcards
1
Q
Pre tax means the government is letting you invest money before taxes have been taken out
A
T
2
Q
Savings bonds are a good way to save for college
A
F
ESA
3
Q
Never borrow money from your retirement plan unless you are trying to avoid bankruptcy
A
T
4
Q
When you leave a company, don’t move your money from the retirement account
A
F
5
Q
An IRA is a specific type of investment
A
F