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According to Alderfer's ERG Theory, When One's Higher-Level Needs Are

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According to Alderfer's ERG theory, when one's higher-level needs are frustrated, he or she will seek more intensely to fulfill lower-level needs in what is called the frustration-regression component.


Definitions:

Conventional IRA

Likely meant to be "Traditional IRA," which is an individual retirement account that offers tax-deferred growth and potential tax-deductible contributions.

Excise Tax

A tax on the sale or use of specific products or transactions, often included in the price of goods such as gasoline, alcohol, and tobacco.

Roth IRA

A retirement savings account allowing for tax-free growth and tax-free withdrawals in retirement.

Annuity Payment

An annuity payment is a periodic payment received from an annuity contract, typically used as an income stream during retirement.

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