12.3 Vocab Flashcards

(10 cards)

1
Q

portfolio

A

a list of your investments

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2
Q

a list of your investments

A

portfolio

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3
Q

prospectus

A

a description of the investing strategy the mutual fund management company will use to invest your money

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4
Q

a description of the investing strategy the mutual fund management company will use to invest your money

A

prospectus

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5
Q

individual retirement arrangement (IRA)

A

a tax-advantaged investing account that people use to save for retirement

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6
Q

a tax-advantaged investing account that people use to save for retirement

A

individual retirement arrangement (IRA)

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7
Q

401(k)

A

a qualified retirement savings plan offered by a company to its employees who contribute money from their gross pay

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8
Q

a qualified retirement savings plan offered by a company to its employees who contribute money from their gross pay

A

401(k)

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9
Q

qualified retirement savings plan

A

an employer-sponsored retirement plan that has a special tax treatment

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10
Q

an employer-sponsored retirement plan that has a special tax treatment

A

qualified retirement savings plan

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