#1
Which of the following is a tax-advantaged retirement account in the United States?
401(k)
Traditional brokerage account
Regular savings account
Certificate of Deposit (CD)
#2
What is a capital gain?
The profit from selling an investment
The initial investment amount
The total return on an investment
The amount invested in a capital project
#3
Which of the following is a tax-advantaged education savings account in the United States?
Roth IRA
529 plan
HSA
SEP IRA
#4
Which of the following is a tax-advantaged investment account specifically for medical expenses?
401(k)
Roth IRA
Health Savings Account (HSA)
529 plan
#5
What is the term for the process of spreading investments across different assets to reduce risk?
Diversification
Consolidation
Aggregation
Concentration
#6
Which of the following is a tax-advantaged investment account in the United States specifically for higher education expenses?
401(k)
Roth IRA
529 plan
Health Savings Account (HSA)
#7
What is the main purpose of tax-loss harvesting?
Reducing taxes on capital gains
Increasing the value of investments
Avoiding paying taxes on investments
Reducing taxes on dividends
#8
Which investment strategy aims to maximize returns by buying and holding a diversified portfolio over the long term?
Day trading
Swing trading
Buy and hold
Options trading
#9
What is a potential advantage of investing in dividend-paying stocks?
Higher risk
Lower returns
Regular income
Limited tax implications
#10
Which of the following investment types typically has the lowest tax implications?
Stocks
Bonds
Real estate
Cryptocurrency
#11
What is the primary benefit of tax deferral?
Avoiding taxes altogether
Delaying taxes to a future date
Reducing the tax rate
Increasing tax deductions
#12
Which of the following is a tax-advantaged investment account in the United States that is not tied to retirement?
401(k)
Traditional IRA
Health Savings Account (HSA)
529 plan
#13
In which situation might a tax-deferred investment account be beneficial?
When you want to pay taxes upfront
When you want to defer taxes on investment gains
When you want to pay taxes on dividends immediately
When you want to avoid taxes on withdrawals