#1
What is Social Security?
#2
In a defined contribution retirement plan, who bears the investment risk?
#3
What does IRA stand for in the context of retirement savings?
#4
Which of the following is NOT a way to fund a retirement account?
#5
What is the purpose of a pension plan?
#6
What is the maximum number of Social Security credits you can earn in a year?
#7
At what age can you start collecting full Social Security retirement benefits in the United States?
#8
Which of the following is NOT a benefit provided by Social Security?
#9
Which of the following is NOT a characteristic of a defined benefit pension plan?
#10
What is the penalty for early withdrawal from a 401(k) retirement account before the age of 59½ in the United States?
#11
What is the purpose of a 403(b) retirement plan?
#12
Which of the following retirement plans is specifically designed for self-employed individuals or small business owners?
#13
What is the maximum number of credits you can earn per year toward Social Security eligibility in the United States?
#14
What is the Full Retirement Age (FRA) for Social Security benefits for individuals born in 1960 or later in the United States?
#15
At what age must individuals start taking Required Minimum Distributions (RMDs) from their traditional IRA accounts in the United States?
#16
In a Roth IRA, qualified distributions are tax-free. At what age can you make qualified distributions?
#17
What is the maximum annual contribution limit for traditional and Roth IRAs combined in the United States for individuals under the age of 50 in 2024?
#18