401ks Study guides, Class notes & Summaries

ERISA Exam Questions & Answers 2023/2024 Plan Sponsor - ANSWER-A designated party that is either a company or employer, who sets up a retirement plan for the benefit of their employees. retirement plan - ANSWER-A savings and investment plan that provides funds during retirement single employer plan - ANSWER-One employer covering their employers (most common type of plan) Multiple Employer plan - ANSWER-Unrelated entities pooling resources together >Saves money Open: each entit...

BUS 215 Week 2 Discussion 1, Long term Financial Health Investigate at least five different savings and investment vehicles, including savings deposit accounts, mutual funds, IRAs, 401ks, 403bs, etc. Determine the costs, return on investment, risks, and appropriateness for you. Discuss in this forum what youlearned and how youcan use this knowledge to increase your personal wealth. Post a 200 word response to the discussion board. Your answer should focus on organizing your most relevant co...

BUS 215 Week 2 Discussion 1, Long term Financial Health Investigate at least five different savings and investment vehicles, including savings deposit accounts, mutual funds, IRAs, 401ks, 403bs, etc. Determine the costs, return on investment, risks, and appropriateness for you. Discuss in this forum what youlearned and how youcan use this knowledge to increase your personal wealth. Post a 200 word response to the discussion board. Your answer should focus on organizing your most relevant co...

BUS 215 Week 2 Discussion 1, Long term Financial Health Investigate at least five different savings and investment vehicles, including savings deposit accounts, mutual funds, IRAs, 401ks, 403bs, etc. Determine the costs, return on investment, risks, and appropriateness for you. Discuss in this forum what youlearned and how youcan use this knowledge to increase your personal wealth. Post a 200 word response to the discussion board. Your answer should focus on organizing your most relevant co...

BUS 215 Week 2 Discussion 1, Long term Financial Health Investigate at least five different savings and investment vehicles, including savings deposit accounts, mutual funds, IRAs, 401ks, 403bs, etc. Determine the costs, return on investment, risks, and appropriateness for you. Discuss in this forum what youlearned and how youcan use this knowledge to increase your personal wealth. Post a 200 word response to the discussion board. Your answer should focus on organizing your most relevant co...

BUS 215 Week 2 Discussion 1, Long term Financial Health BUS 215 Week 2 Discussion 1, Long term Financial Health Investigate at least five different savings and investment vehicles, including savings deposit accounts, mutual funds, IRAs, 401ks, 403bs, etc. Determine the costs, return on investment, risks, and appropriateness for you. Discuss in this forum what youlearned and how youcan use this knowledge to increase your personal wealth. Post a 200 word response to the...

UGBA 135 FINAL EXAM PREP | QUESTIONS WITH ANSWERS 2023 Graded. What is a go-to rate? - answerA go-to rate is an interest rate you are charged on unpaid credit card balances, in additon to the variable rate, to determine the total rate of interest on your account. Your go-to rate is based on your credit history. As your credit card history improvesor declines, so is the likelihood that your go-to-rate will rise or fall on future borrowings. For examples, if your go-to-rate is 8% and the vari...

A) A TPA performs annual compliance testing. - Answer- Which statement regarding service providers is TRUE? A) A TPA performs annual compliance testing. B) A recordkeeper has the legal obligation to provide an interpretation of a plan provision. C) An accountant processes the "money out" for a participant account. D) A plan advisor is responsible for drafting annual safe harbor notices. A) Provides efficient contribution and distribution processes. - Answer- Which statement regarding ...

What's the rule of 72? - Answer- How long it takes for a sum of money to double at a given interest rate 72/interest rate = # of years to double OR 72/# of years to double = interest rate What's a general partner? - Answer- A general partner has the authority to act on behalf of the business without the knowledge or permission of the other partners. Unlike a limited or silent partner, the general partner may have unlimited liability for the debts of the business. T/F f you start a busine...

BUS 215 Week 2 Discussion 1, Long term Financial Health Investigate at least five different savings and investment vehicles, including savings deposit accounts, mutual funds, IRAs, 401ks, 403bs, etc. Determine the costs, return on investment, risks, and appropriateness for you. Discuss in this forum what youlearned and how youcan use this knowledge to increase your personal wealth. Post a 200 word response to the discussion board. Your answer should focus on organizing your most relevant co...