Retirement accounts bootcamp exam
401(k), IRA, HSA, Social Security and withdrawals. This exam mixes questions from every lesson in the track. Each explanation links to the lesson it came from.
- Understand your 401(k) and employer match
1. What should you capture first?
- Understand your 401(k) and employer match
2. Vesting determines…
- Open the idea of an IRA: account first, investments inside
3. Who can generally contribute to an IRA?
- Open the idea of an IRA: account first, investments inside
4. Qualified Roth IRA withdrawals in retirement are…
- Compare Roth and Traditional IRAs through the tax timing
5. Roth tends to win when your tax rate is…
- Compare Roth and Traditional IRAs through the tax timing
6. If your rate is the same now and later…
- Understand the backdoor Roth IRA and its tax pitfalls
7. The backdoor Roth is mainly used by…
- Understand the backdoor Roth IRA and its tax pitfalls
8. The pro-rata rule looks at…
- Understand an HSA’s tax benefits and receipt records
9. What are the three HSA tax benefits?
- Understand an HSA’s tax benefits and receipt records
10. Unlike most FSAs, HSA money…
- Explore how claiming age changes Social Security benefits
11. Full retirement age for people born in 1960 or later?
- Explore how claiming age changes Social Security benefits
12. Delayed retirement credits add about…
- Use the 4% rule as a starting point, with its limits
13. The 4% rule is based on…
- Use the 4% rule as a starting point, with its limits
14. A quick target from the rule is…
- Plan for required minimum distributions
15. Current RMD age for most people turning 73 before 2033?
- Plan for required minimum distributions
16. Do Roth IRAs require withdrawals in the owner’s lifetime?
- Check the costs and commitments of early retirement withdrawals
17. Early withdrawals before 59½ generally add…
- Check the costs and commitments of early retirement withdrawals
18. A SEPP must continue until…
Lesson tests in this bootcamp
- Understand your 401(k) and employer match
- Open the idea of an IRA: account first, investments inside
- Compare Roth and Traditional IRAs through the tax timing
- Understand the backdoor Roth IRA and its tax pitfalls
- Understand an HSA’s tax benefits and receipt records
- Explore how claiming age changes Social Security benefits
- Use the 4% rule as a starting point, with its limits
- Plan for required minimum distributions
- Check the costs and commitments of early retirement withdrawals