Funding 401(k)s and IRAs: Make Your Money Grow, Year After YearFor this assignme

Sep 1, 2021 | Uncategorized

Funding 401(k)s and IRAs: Make Your Money Grow, Year After YearFor this assignment, you will complete an investment chart based on the salary and benefit information of several investors. To complete the activity:Assume each person is following Dave2019;s advice of investing 15% of his or her annual household income.Follow the sequence of contributions recommended in the lesson. Always take advantage of a match and fund 401(k).Above the match, fund Roth IRAs.If there is no match, start with Roth IRAs.Complete 15% of income by going back to your 401(k) or other company plans.Carefully review each investor2019;s information prior to completing the chart.You will need a calculator to complete this activity.Open and complete the Make Your Money Grow .docor .rtf.RubricMake Your Money Grow Rubric ExcellentGoodNeeds ImprovementPoorContent20-25 pointsThe work contains all the required elements:Funding 401(k)s and IRAs chart162013;19 points The work contains most of the required elements:Funding 401(k)s and IRAs chart122013;15 points The work contains some of the required elements:Funding 401(k)s and IRAs chart02013;11 points The work contains few or none of the required elements:Funding 401(k)s and IRAs chartQuality202013;25 points Funding 401(k)s and IRAs chart has completelyaccurate information.162013;19 points Funding 401(k)s and IRAs chart has mostly accurate information.122013;15 points Funding 401(k)s and IRAs chart has somewhataccurate information.02013;11 points Funding 401(k)s and IRAs chart has inaccurateinformation.

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