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Which one of the following investment vehicles provides before-tax savings to be used in the retirement planning process?
A savings account at a credit union is generally called a share account.
no generally a savings account does not come with a card unless it is an ATM
The risk of a money market mutual fund is similar to that of a savings account. Both are low-risk, slow-growth savings vehicles. Money market funds are viewed as a cash equivalent, similar to a savings account.
true
true
There are many different types of savings vehicles out there to fit many different needs. Some examples include Money Market Accounts, Vacation or Christmas Clubs, Savings Bonds, and 529 accounts.
Which one of the following investment vehicles provides before-tax savings to be used in the retirement planning process?
Weight savings.
A savings account at a credit union is generally called a share account.
no generally a savings account does not come with a card unless it is an ATM
A savings account at a credit union is generally called a share account.
savings decrease
true
The risk of a money market mutual fund is similar to that of a savings account. Both are low-risk, slow-growth savings vehicles. Money market funds are viewed as a cash equivalent, similar to a savings account.
True
Financial savings are anything that you put money into to save that is invested into anything(i.e could be anything). Physical savings are savings that have physical value attachment, that is generally carried with them, physically(i.e. cash, a car, a home)