Fred and Carlie Want to Save Some Money for a Down

question 81

Multiple Choice

Fred and Carlie want to save some money for a down payment on a house.They figure it will take at least 10 years to save up enough money.Which of the following would be the best way for them to save this money?

• A)Traditional IRA
• B)Roth IRA
• C)529 Savings Plan
• D)Keogh Plan

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Definitions:

Monozygotic Twins

Monozygotic twins, also known as identical twins, arise from a single fertilized egg splitting and developing into two genetically identical individuals.

Homosexual Orientation

A sexual orientation characterized by attraction to individuals of the same sex.

Fraternal Twins

Twins that are born from two different eggs fertilized by two different sperm, resulting in siblings that are genetically unique from each other.

Sexual Activity

Behaviors involving the sexual organs that may or may not involve penetration, for the purposes of sexual pleasure, reproduction, or other reasons.