Duplicate of THAW W!SE Review Money Management

When you spend more money than budgeted and don't have enough income to cover expenses.

Which type of plan is also called a rollover IRA (401-K money is rolled into this account)?

Expenses that change each month.

What is net worth?

When do you have to file your tax form 1040 to avoid late penalty?

A savings strategy (save 10% each month) - you are the first expense in budget)

Anything of value that you own.

Which of the following is a short term goal?

Which depository account is NOT liquid (has liquidity risk)?

Car Payment and Rent are examples.

Which one is NOT an asset?

An asset that declines in value.

Expenses that you can plan for (part of your budget, can be either fixed or variable).

What type of retirement plan has AFTER-TAX contributions?

If you have more debts than assets. Not a good thing!

Outstanding debt that you owe such as loans.

When do you complete BEFORE starting a new job to calculate allowances for tax withholding?

Which plan is a 401-k plan that favors younger employees who contribute most of the money?

What is the earliest age you can withdraw retirement money without the 10% early penalty?

What form do you receive in late January that provides info on your earnings and taxes paid?