dave ramsey chapter 3 review - · pdf filestudent activity sheet ... dave ramsey chapter 3...
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![Page 1: Dave Ramsey Chapter 3 Review - · PDF fileSTUDENT ACTIVITY SHEET ... Dave Ramsey Chapter 3 Review. 4. 5. ... (age 17 & 15) and now have $16,000 in each account. However,](https://reader031.vdocuments.us/reader031/viewer/2022021423/5a9dd9177f8b9a96438d3da1/html5/thumbnails/1.jpg)
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CHAPTER 3 STUDENT ACTIVITY SHEET
Traditional and Roth IRAUse the space below to compare and contrast a traditional IRA to a Roth IRA. What characteristics do they share and what is different about them?
Characteristics:
Similar Different
![Page 2: Dave Ramsey Chapter 3 Review - · PDF fileSTUDENT ACTIVITY SHEET ... Dave Ramsey Chapter 3 Review. 4. 5. ... (age 17 & 15) and now have $16,000 in each account. However,](https://reader031.vdocuments.us/reader031/viewer/2022021423/5a9dd9177f8b9a96438d3da1/html5/thumbnails/2.jpg)
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CHAPTER 3 STUDENT ACTIVITY SHEET
Traditional and Roth IRAUse the space below to compare and contrast a traditional IRA to a Roth IRA. What characteristics do they share and what is different about them?
ANSWER KEY
Similar Different
• 401﴾k﴿ funded through employer and may involve company matches.• Roth IRA grows tax free• Roth IRA offers more flexibility and taxfree saving.There is a penaltyfree withdrawal if:
• 59 and a half years old or older • Death/disability • First time house ﴾$10,000 max﴿
• Roth IRA–nonincome spouse can contribute up to $5,000 ﴾2010﴿. • Best to rollover your 401﴾k﴿ when you leave a company. With a Roth IRA, you don’t have to worry about it.
![Page 3: Dave Ramsey Chapter 3 Review - · PDF fileSTUDENT ACTIVITY SHEET ... Dave Ramsey Chapter 3 Review. 4. 5. ... (age 17 & 15) and now have $16,000 in each account. However,](https://reader031.vdocuments.us/reader031/viewer/2022021423/5a9dd9177f8b9a96438d3da1/html5/thumbnails/3.jpg)
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Dave Ramsey Chapter 3 Review
![Page 4: Dave Ramsey Chapter 3 Review - · PDF fileSTUDENT ACTIVITY SHEET ... Dave Ramsey Chapter 3 Review. 4. 5. ... (age 17 & 15) and now have $16,000 in each account. However,](https://reader031.vdocuments.us/reader031/viewer/2022021423/5a9dd9177f8b9a96438d3da1/html5/thumbnails/4.jpg)
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![Page 5: Dave Ramsey Chapter 3 Review - · PDF fileSTUDENT ACTIVITY SHEET ... Dave Ramsey Chapter 3 Review. 4. 5. ... (age 17 & 15) and now have $16,000 in each account. However,](https://reader031.vdocuments.us/reader031/viewer/2022021423/5a9dd9177f8b9a96438d3da1/html5/thumbnails/5.jpg)
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