Module 7 Flashcards by Sei Hee Hwang

Q

What investments are NOT allowed in IRA accounts?

A

Short stock
Long stock purchased on margin
Real Estate
Certain collectables (art, rug, antiques, alcohol, metal, gems, foreign coins)

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Q

What investments are allowed in IRA accounts?

A

Equities
Bonds
Mutual Funds
Cover Calls
Gold and Silver coins minted in the U.S.
High quality Gold, Silver, Platinum and Palladium

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Q

What can be bought in a 403(b) (TSA) plan?

A

Annuities and Variable Annuities
Mutual Funds

NO STOCKS!!!

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