Establishing a ___________ Ensures That You Will Have an Amount

question 44

Multiple Choice

Establishing a ___________ ensures that you will have an amount of money that can be obtained quickly in case of immediate need.

• A)traditional IRA
• B)emergency fund
• C)Roth IRA
• D)403b
• E)401k

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Definitions:

Wealth Holders

Individuals or entities that possess a significant amount of assets or wealth.

Percentage Points

A unit of measure used in expressing differences in percentage, indicating a change relative to a whole, rather than a proportional increase or decrease.

United States

A nation located in North America, made up of 50 states, a federal district, five significant autonomous territories, and a multitude of possessions, recognized for its vast economy and heterogeneous population.

Disposable Income

The amount of money that households have available for spending and saving after income taxes have been accounted for.