Which of the following is not one of the acceptable reasons that are sometimes permitted for withdrawing money early from a tax-sheltered retirement account without penalty?

a. purchase of a home

b. education expenses for a child or yourself

c. medical expenses

d. payment of credit card and other consumer debts

When changing jobs, the type of IRA used to transfer funds from an employer-sponsored plan into an individual retirement account is called a(n)

a. rollover IRA.

b. annuitized IRA.

c. employer-funded IRA.

d. Roth IRA.

The dollar amount of your retirement benefit under Social Security will most depend upon

a. the number of credits you earn.

b. whether you are married or single.

c. your employment income over your working years.

d. the number of years you work.