Investments

Front 1

•401(k)

Back 1

•Retirement plan of for-profit organizationwhere the employee chooses a percentage of their salary to set aside and thecompany may match the employee amount

Front 2

•403(b)

Back 2

•Retirement plan of not-for-profit companies,where the employee puts in a certain percentage and the employer contributes anamountmen

Front 3

•DefinedBenefit Plan

Back 3

Company sponsored retirement plan that specifies retirement benefits, based on wages earned and years of service

Front 4

•DefinedContribution Plan

Back 4

Company sponsored retirement plan that specifies a minimum contribution, but no promise of a particular benefit at retirement

Front 5

•IndividualRetirement Plan

Back 5

Retirement plan that allows individuals to set aside money in a tax deferred account and is subject to limitations

Front 6

•403(b)

Back 6

Retirement plan of not-for-profit companies, where the employee puts in a certain percentage and the employer contributes an amount

Front 7

Social Security

Back 7

National social insurance program which provides federal aid for the elderly and for disabled workers

Front 8

Medicare

Back 8

Government sponsored health insurance for people who have reached a designated retirement age

Front 9

•Annuity

Back 9

Contract sold by an insurance company that provides the investor with a series of regular payments, usually after retirement

Front 10

•Estate

Back 10

•All that a person owns, less debt owed, at the time ofthe person’s death