4. What happens if you need your money in either your 401K or Roth IRA at age 40?
Answers
Answer:
In many cases, a Roth IRA can be a better choice than a 401(k) retirement plan, as it offers a flexible investment vehicle with greater tax benefits—especially if you think you'll be in a higher tax bracket later on. ... A good strategy (if you can manage it) is to have both a 401(k) and a Roth IRA.
Explanation:
Because it offers additional investment alternatives and higher tax advantages, a Roth IRA may be a better option than a 401(k) retirement plan.
An IRA that allows for tax-free growth and tax-free withdrawals in retirement is known as a Roth IRA.
Utilize all of your available savings and investment options, including your IRA and 401(k), to save as much as you can as early on while also receiving the biggest tax cut possible.
Since Roth IRA contributions are made using after-tax funds, the contribution year does not qualify for a tax deduction.
Therefore, it is better to invest in the 401K option.
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Related Questions
how old do you have to be to work at krogers
Answers
Answer:20/19
Explanation:you have to be 20 /19 or up to have a job because when you start job you have to be 20/19 or up cuz not every one can have a job like kids.
Answer: This is more of a Gxxxxoogle (can't say the word from some reason) question, and we can't really define the question because the company work age requirement might vary from different countries.
Explanation: The minimum age to work at Kroger varies by position, but typically ranges from 16 to 18 years old. Some positions, such as cashier or bagger, may have a minimum age requirement of 16, while others, such as pharmacy technician or meat cutter, may require you to be at least 18 years old. It is best to check with your local Kroger store for specific age requirements.
Please describe your parking experience thus far. What is the hardest way for you to park and in what direction (left or right)? What is the key to parallel parking?
Answers
Answer:
what are you talking about sir
Explanation:
I NEED THIS NOW!! ILL MARK BRAINLEST!!
Martine developed a filing system to keep track of potential and current customers. Which qualification has she demonstrated?
A. critical thinking
B. problem solving
C. organization
D. computer skills
Answers
Organization
During an interview, Garrett makes sure to keep his palms facing upward. What does this suggest to the interviewer?
A. That he is honest
B. That he is kind
C. That he is nervous
D. That he is uncomfortable
Answers
In front of your whole team, your coach tells you that you lost the game for them. You thank her for the feedback and decide to practice twice as hard for the next game.
Is this reaction Proactive or Reactive?
Answers
Answer:
proactive
Explanation:
..
In this situation, the person's response would be considered proactive.
Being proactive means taking charge and trying to find ways to improve. In this case, when the coach tells them they lost the game, instead of getting defensive, they thank the coach for the feedback and decide to practice twice as hard for the next game.
This shows that they are taking responsibility for their performance, accepting the feedback, and making a plan to get better and help the team in the future.
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100 points
Answers
So sorry
What strategic plan could you give to a business to fill vacant positions? What advice could you give to a business to retain employees? Explain your reasoning.?
Answers
Hope this helps have an excellent day!
Answer:
Explanation:
The strategic plan I would suggest is to give a higher pay. The advice I would give is to incur a bit of self loss and invest more.
A major part of the failure of a business would be the less number of employees for a greater work load. It is very obvious that a business cannot hire just any random employee for filling the vacant positions. The first thing to do would be to provide an assurance of self growth of the employees by regularly conducting trainings from experts which will be a benefit for the business as well as the employee himself. The next thing to do would be to provide a greater pay for the employees that means higher than before. This would attract the employees and the productivity will be high too. This will improve the business and will provide large scale employment too.
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Communication is an important workplace skill that includes
delegating responsibilities and handling details
identifying problems and imagining alternatives
listening attentively and expressing ideas clearly
motivating and providing support to others
Answers
Answer:
all of the above
Explanation:
Which of the following is an example of a tax?
rental payment
cash payment
Medicare
Line of Credit
Answers
they take medicare out your paycheck when you’re employed full time
Which team member is responsible for breaking down larger projects into pieces and delegating them, making sure they are done correctly and on time?
Group of answer choices
A. supervisor
B. customer
C. project manager
D. peer
THIS IS CAREER EXPLORATION!!!
Answers
Answer:
Supervisor
Explanation:
Answer: supervisor
Answer:supervisor
Explanation: got it right on my quiz
I will give brainliest to person who answers this correctly. What is a gonulgunny? Note that I will erase your answer if it has weird content cause this is 50 points. Also if too many people answer it wrong, I will erase it. Cheers! Hint 1: Korean Hint 2: One of Japan's most popular content Hint 3: Fighting Dark
Answers
I'm sorry, but I couldn't find any information about the term "gonulgunny." It's possible that it may be a misspelling or a term that is not widely recognized. Could you please provide more context or clarify the term?
There is no specific definition of "gonulgunny". It is a made-up word that is not in any dictionaries. It could be a typo or misspelling of another word, or it could be a word that is specific to a particular region or dialect.
Here are some possible explanations for what "gonulgunny" could mean:
* A typo or misspelling of the word "gunnysack", which is a type of bag made from burlap.
* A regional or dialectal word for a type of bird, animal, or plant.
* A made-up word that has no meaning at all.
Without more information, it is impossible to say for sure what "gonulgunny" means.
Gwen, Dusan, and Bernard all work for the same large company. Gwen works on getting products to retailers by organizing shipping so the products get there on time. Dusan typically finds the products a customer needs, sells them, and processes orders for customers. Bernard oversees both Gwen and Dusan, making sure they complete their projects on time.
Which best describes the career each individual has?
Gwen is a Logistician, Dusan is a Stock Clerk, and Bernard is a Marketing Manager.
Gwen is a Distribution Manager, Dusan is a Purchasing Agent, and Bernard is a Purchasing Manager.
Answers
Gwen is a Logistic Analyst, Dusan is a Merchandise Displayer, and Bernard is a first-line supervisor.
Who is Logistic Analyst?Analysis of the supply chain's operations by logisticians is followed by recommendations for any necessary efficiency improvements. Analysts in logistics are responsible for computerized billing, cargo tracking, and invoicing. They are tasked with keeping the data in logistic databases up to date and spotting chances to reduce inventory.A very dynamic sector of the economy, logistics is always developing and implementing new technologies in order to keep up with new global trends. Analysts of logistics report being very satisfied with their jobs overall. Retail items are placed in store windows, on store floors, and on exhibit at conferences and trade exhibitions in a way that has the most visual impact on the customer. This is done by merchandise displayers and window trimmers.A first line supervisor in a manufacturing facility is in charge of monitoring the day-to-day operations of production staff and operators. You are responsible for supervising a variety of employees, including inspectors, precision workers, machine setters, assemblers, and fabricators.To learn more about Logistic Analyst refer to:
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Answer: Gwen works as a distribution manager, Dusan works as purchasing/customer experts, and bernard is a front line supervisor.
Explanation:
All the three has good career and have more scope to growth in their individual field.
I'll give you 50pts if you convert $69420 into euros for me. Thanks!
Answers
Answer:
66,890.34 Euro
brainliest plsss
I need nitro gold. plz, donate to nitro type user DeckertheBEAST. don't answer for the points. GUYS I'M IN NEED. Thanks for those for being legit. I will give brainliest and all of my money. 30 points for those who give
Answers
Answer:
whats that? ._.
Explanation:
Answer:
안녕하세요 하하하 하하 나나 바나나 바나나 바나나 야와와
What is the difference between a conflict based on a power struggle and a conflict based on a personality difference?
Answers
Hope that helped x
Answer:
People fighting for control and status are involved in a power struggle conflict. People with distinct habits or attitudes are involved in a conflict based on personality differences.
Explanation:
Cutting down on costs by earning an Associate’s degree first and then transferring to a four-year college or university can be done by going to what type of higher education institution?
Answers
Answer: The options are given below:
A) A local community college.
B) A trade school.
C) A specialized training program.
D). Both b and care correct.
The correct option is A.
Explanation:
In the United States, an associate degree refers to an undergraduate degree which is awarded after a course is completed in a post-secondary study which lasts two or three years.
An associate's degree is an intermediary qualification between a high school diploma or GED and a bachelor's degree.
In the United States educational system, earning an associate's degree can make a person qualified to transfer into the third year of a bachelor's degree.
An advantage of going to a community college is the cheap cost of education, as the tuition fees are far more affordable than going to university.
The average cost for Community College is less than half the cost of taking an equivalent program at a public university while private universities are the most expensive.
Sample Work: Writing an Informative Essay: Prewriting BATTLING ADVIRSITY
Answers
Answer:
what are you asking us to do?
Explanation:
Birthday girl needs help!! Can someone pls pls pls help me?
Answers
Explanation:
Hey Happy Birthday but how may I help you????
What was the effect of coronavirus on the economy?
Answers
Also Unemployment Rates have increased across major economies as well
HOPE THIS HELPED!!
PLEASE HELP!!!!!!!!!!!!!!!!!!!!!
Think of a career that is obsolete (no longer exists). Explain why the career is no longer needed.
Answers
This career went extinct since nowadays elevators are now able to function by itself.
Using the T-accounts template, open (set up) the T-accounts with the balances from the Balance Sheet (located in the first worksheet in the attached template).
Use the T-accounts template and input the following 17 transactions into each account.
Calculate the balance of each account. Use Excel's function feature.
Prepare a trial balance based on your account balances from the ledger (located in the third worksheet at the bottom of the spreadsheet).
Chart of Accounts
Bonnie's Batting Cages and Softball Services
Account number
Account
Account number
Account
105
Bank
305
B. Birch, Capital
110
A/R – Infield Flyers
310
B. Birch, Drawings
115
A/R – Remdal Red Sox
405
Membership Fees
120
Supplies
410
Cash Sales
125
Equipment
505
Bank Charges Expense
205
A/P – Cannon Sports
510
Heating Expense
210
A/P – Ewert Equipment
515
Rent Expense
215
A/P – Sandhu Sporting Goods
520
Repair Expense
220
Bank Loan
525
Wages Expense
Transactions for August
Bonnie Birch, the owner, invested $40 000 in the business.
Borrowed $15 000 from the bank, which was deposited in the business' bank account.
Paid $1 500 to Romeyn Properties Ltd. For the monthly rent.
Bought office and various sport supplies for $2 000 cash.
Purchased $43 000 worth of bats, helmets, and other sports equipment from Cannon Sports on account. The amount is due in 30 days.
Paid $800 cash for the heating bill received today.
Bought pitching machines from Ewert Equipment for $12 000 and have 30 days in which to pay.
Equipment was repaired ($350) from Ewert Equipment and will be paid for later.
Bought $7 800 of miscellaneous sports supplies on account from Sandhu Sporting Goods.
Sold a one-month team membership to the Infield Flyers for $800 on account. The amount is to be received in 15 days.
Sold a two-month team membership to the Remdal Red Sox for $2 200 on account. The bill is due in 30 days.
Cash sales for the month amounted to $40 200.
Bank charges for services fees and interest amounted to $250, which was taken directly out of the business' bank account.
Paid $2 200 cash for monthly wages.
Sold a one-month membership cash for $1 300.
Paid the full amount to Ewert Equipment from transaction 8 ($350).
Owner withdrew $1 000 for personal use
Answers
Answer:
Question
Answered step-by-step
Asked by BaronStraw15395
Using the T-accounts template, open (set up) the T-accounts with...
Using the T-accounts template, open (set up) the T-accounts with the balances from the Balance Sheet (located in the first worksheet in the attached template).
Make T-accounts (Listed at the bottom of the question) and input the following 17 transactions into each account.
Calculate the balance of each account.
Bonnie's Batting Cages and Softball Services
BALANCE SHEET
July 31, 2015
Assets
Bank $ 33,000 Accounts Receivable - Infield Flyers $1,000 - Remdal Red Sox $500 Supplies $7,500 Equipment $50,000 Total Assets $ 92,000
Liabilities
Accounts Payable -
Cannon Sport $ 10,000 - Ewert Equipment $22,000
- Sandhu Sporting Goods $500
Bank Loan $25,000
Total Liabilities $ 57,500
Owner's Equity
B. Birch, Capital $34,500 Total liabilities and Owner's Equity $ 92,000
Transactions for August
Bonnie Birch, the owner, invested $40 000 in the business.
Borrowed $15 000 from the bank, which was deposited in the business' bank account.
Paid $1 500 to Romeyn Properties Ltd. for the monthly rent.
Bought office and various sport supplies for $2 000 cash.
Purchased $43 000 worth of bats, helmets, and other sports equipment from Cannon Sports on account. The amount is due in 30 days.
Paid $800 cash for the heating bill received today.
Bought pitching machines from Ewert Equipment for $12 000 and have 30 days in which to pay.
Equipment was repaired ($350) from Ewert Equipment and will be paid for later.
Bought $7 800 of miscellaneous sports supplies on account from Sandhu Sporting Goods.
Sold a one-month team membership to the Infield Flyers for $800 on account. The amount is to be received in 15 days.
Sold a two-month team membership to the Remdal Red Sox for $2 200 on account. The bill is due in 30 days.
Cash sales for the month amounted to $40 200.
Bank charges for services fees and interest amounted to $250, which was taken directly out of the business' bank account.
Paid $2 200 cash for monthly wages.
Sold a one-month membership cash for $1 300.
Paid the full amount to Ewert Equipment from transaction 8 ($350).
Owner withdrew $1 000 for personal use.
ASSETS :
Bank
A/P - Cannon Sports
B. Birch, Capital
A/R - Infield Flyers
A/R - Remdal Red Sox
Supplies
Equipment
Liabilities: A/P - Ewert Equipment
Cash Sales ←balance
B. Birch, Drawings balance→ A/P - Sandhu Sporting Goods
Bank Loan
Owners Equity:
Bank Charges Expense
Repair Expense
Bank Loan
Heating Expense
Wages Expense Rent Expense
Cash Sales
Membership Fees
Explanation:
The process of setting up T-accounts, recording transactions, and preparing a trial balance is given below:
How to set up a T account?To set up T-accounts, you need to draw a T-shape on a piece of paper or in a spreadsheet program.
The top of the T represents the account name, the left side of the T represents the debit side (for assets and expenses), and the right side of the T represents the credit side (for liabilities, equity, and revenues). You will need to set up T-accounts for all the accounts listed in the chart of accounts.
To record the transactions, you will need to post each transaction to the appropriate T-accounts, debiting and crediting the appropriate amounts. Here are the journal entries for the transactions:
Debit Bank $40,000, Credit B. Birch, Capital $40,000
Debit Bank $15,000, Credit Bank Loan $15,000
Debit Rent Expense $1,500, Credit Bank $1,500
Debit Supplies $2,000, Credit Cash $2,000
Debit Equipment $43,000, Credit A/P - Cannon Sports $43,000
Debit Heating Expense $800, Credit Cash $800
Debit Equipment $12,000, Credit A/P - Ewert Equipment $12,000
Debit Repair Expense $350, Credit A/P - Ewert Equipment $350
Debit Supplies $7,800, Credit A/P - Sandhu Sporting Goods $7,800
Debit A/R - Infield Flyers $800, Credit Membership Fees $800
Debit A/R - Remdal Red Sox $2,200, Credit Membership Fees $2,200
Debit Cash $40,200, Credit Cash Sales $40,200
Debit Bank Charges Expense $250, Credit Bank $250
Debit Wages Expense $2,200, Credit Cash $2,200
Debit Cash $1,300, Credit Membership Fees $1,300
Debit A/P - Ewert Equipment $350, Credit Cash $350
Debit B. Birch, Drawings $1,000, Credit Bank $1,000
Once you have posted all the transactions to the T-accounts, you can use Excel's SUM function to calculate the balance of each account by adding up the debits and credits. You will need to make sure that the total debits equal the total credits for each account.
To prepare a trial balance, you will need to list all the accounts in the ledger and their balances. You can use Excel's SUM function to add up the debit and credit balances for each account and then use the same function to check that the total debits equal the total credits. If they do, the trial balance is balanced. If not, there may be an error in the ledger or the posting of transactions.
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Tasha is a court reporter for a federal district judge. Her job is to type every word that is stated on the record during a federal trial. The pathway in the Law, Public Safety, and Security cluster that Tasha’s job belongs in is:
1) Security and protective services
2) Legal Services
3) Emergency and fire management Services
4) Correction Services
Answers
Answer:
legal services
Explanation:
Which part of a seed plant develops into sperm cells?
Answers
Answer: Pollen is a powdery substance consisting of pollen grains which are male microgametophytes of seed plants, which produce male gametes (sperm cells).
Explanation:
what are the Education Requirements for becoming a streamer? Put in your own words. Do not use plagiarism.
Answers
Answer
camera and microphone with a movie and entertainment degree
Explanation:
depends on what you want to stream
Explanation:
there's not really any requirements for that but if you want like advice for software or equipment or things like that that's whats really required you also would have to have patience and it takes work and lots of practice
My company took in a total of $100,000 over the first quarter of 2021. This amount is called the -
a
Stock Price
b
Net Loss
c
Gross Revenue
d
Gross Profit
Answers
c. net loss
explanation: they are taking it out
hope this helps
Why might a project manager avoid using technical language when giving a presentation to clients?
A.
Using technical language is appropriate for team members but not for project managers.
B.
The clients might not understand the technical language that people on the manager’s team use all the time.
C.
The clients might believe that the project manager is talking down to them and thinks they are not intelligent.
D.
The clients might want the project manager to use technical language that the manager does not really understand
Answers
Answer:
b
Explanation:
HELP PLEASE!! MARKING BRAINLIEST Ms. Rhee is an internal auditor for an oil and gas company. Who pays her?
A.
an independent, outside agency
B.
scientists who are figuring out how to conserve oil and gas
C.
a government agency that oversees the oil and gas industry
D.
the oil and gas company that hired her
Answers
Answer:
i think its D
Explanation:
Help please please please
Answers
Answer:
B
Explanation:
Answer:
b. they are harder to pay back because of low fees and high interest rates.
What is NOT a characteristic of critical thinkers?
A. They use logic and reason when evaluating information.
B. They practice important skills needed for critical thinking.
C. They reach for excellence and rarely reflect on their limitations.
D. They think for themselves and don't give in to peer pressure.
Answers
The characteristics of critical thinkers do not consider that they think for themselves and don't give in to peer pressure.
Who are the critical thinkers?The critical thinkers are those persons who use logic and reason for evaluating information, there are some important skills that critical thinkers have to think or practices.
Critical thinkers are immersed in continuously boosting their learning, and they encounter independent self-learning. They are trying to reach excellent conclusions with a minimal amount of limitations.
They promote the teamwork strategy to solve each problem and are not to think for themselves.
Therefore, option D is correct.
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how do i find a license plat if i don't know it
Answers
Answer:
Licence Plate lookup
Explanation: