QUESTION 6 What is a savings account designed for? a Investing money b Saving money c Spending money d Counting money QUESTION 7 If you expect your income taxes to be higher when you retire and you are saving for retirement, you should invest in a traditional IRA. b.gold c. certificate of deposit droth IRA QUESTION 8 10 poin A 529 plan is na plan where taxes are not paid on the money or interest eamed until the year it is withdrawn b an account which allows the holder to write checks against deposited funds. c. funds set aside to go toward post-secondary education expenses. od funds set aside to be withdrawn after age 59,5 without penalty QUESTION 9 10 points Electronic bill paying allows you to a pay your bills online b check the balances in your accounts c deposit checks