There Are Now Roth Versions of 401(k)plans and 403(b)plans as Well

question 14

True/False

There are now Roth versions of 401(k)plans and 403(b)plans as well as Roth IRAs.

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Definitions:

Over-Valued

A term describing an asset or security whose price is considered higher than its underlying value or fundamentals justify.

Compounded Continuously

The process of calculating interest on an investment or loan in such a way that the interest itself earns interest, occurring an infinite number of times per period.

Instantaneous

Occurring or done in an instant or immediately.

Perpetuity

An annuity that pays a set amount of money indefinitely, with no end date.