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Definition I have done #1 for you. You will define the rest. Types of investments What investment choices do you have with each type of

  • Definition I have done #1 for you. You will define the rest.
  • Types of investments What investment choices do you have with each type of plan? Defined benefit plans offer you no investments choices as it is formula driven. Basically the investment types are mutual funds for company sponsored plans and self-directed investments (stocks, bonds, mutual funds, ETFs, etc for IRAs).
  • Annual amount How much can you contribute to this plan annually for 2020?
  • Tax implications tax deferred, tax free, etc.

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4. College Savings Plans a) 529 Type of investments - Annual amount - Tax implications b) Coverdell Type of investments - Annual amount - Tax implications

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