– There are several terms relative to Budgeting that you should be familiar with. , I want you to provide a written document explaining each item and describe the good the bad and the ugly of each item.
- Define Benefit Retirement Plan (1 page)
- Defined Contribution Retirement Plan (1 page)
- Health Saving Account (2 paragraphs) including cap amounts
- 401 K (2 paragraphs) Including cap amounts
- 403 B (2 paragraphs0 Including Cap amounts
- Roth IRA (2 paragraphs) including cap amounts.