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CMS 2026-2027 Economics and Personal Finance HONORS INITIAL CREDIT
Investment Strategies — Quiz
Question 3
3
Quiz
Multiple Choice
Investment Strategies — Quiz
Question 3 • CMS 2026-2027 Economics and Personal Finance HONORS INITIAL CREDIT
How is a 401k different from an individual retirement account (IRA)?
Answer
A
A 401k is a good long-term investment strategy.
B
A 401k allows people to contribute before taxes.
C
A 401k is created by an employer who may match contributions.
D
A 401k is created by an individual who deposits money.
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