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If You Are Married and You and Your Spouse Make

question 5

True/False

If you are married and you and your spouse make $160,000 total per year,you are not allowed to contribute to an IRA.


Definitions:

Share Options

Are financial derivatives that give the holder the right, but not the obligation, to buy or sell shares of a company at a predetermined price within a specified timeframe.

Incentive

A motivational factor or reward that encourages a person or group to act in a certain way or achieve higher levels of performance.

Gain-sharing

A performance-related pay strategy that offers employees financial rewards based on improvements in the company's productivity or performance.

Productivity

The efficiency at which goods or services are produced relative to the input used.

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