26.The number of new retirement plans started among small businesses is growing.

a. True b. False

31.The size of your retirement nest egg will depend on

a. how much you contribute each year.

b. when you start your program.

c. the rate of return you earn on your investments.

d. All of these choices are correct.

e. None of these choices are correct.

28.INSTRUCTIONS:Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.

With an IRA, the [account owner|institution] is the trustee.

33.At age 25, Julie invests $2,000 at an average rate of return of 6 percent. Approximately how much will Julie have by the time she is 65?

a. $250,000

b. $309,000

c. $486,000

d. $10,000

e. $100,000