Notas sobre 401k, IRA y Roth en un escritorio con un signo de interrogación en el medio

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Quiz: What Do You Know About 401(K) and IRA Accounts?

How well do you understand the benefits?

AARP

En español

Published April 22, 2021

/ Updated January 10, 2022

10 Questions

326c7a3c-9d02-4d69-97c3-0e78b8fa3b18

Quiz: What Do You Know About 401(K) and IRA Accounts?

[ {
 "question" : "True or false? If you take money out of a 401(k) or traditional IRA before the age of 59 1/2, you can be penalized for withdrawal.\n",
 "answers" : [ {
 "answer" : "True",
 "correctAnswer" : true
 }, {
 "answer" : "False",
 "correctAnswer" : false
 } ],
 "multiSelect" : false,
 "explanation" : "You have to pay a 10 percent penalty and income taxes on the amount you withdraw. However, you can avoid the penalty under certain exceptions.\n",
 "hint" : "",
 "hintLink" : "",
 "questionImgCaption" : "",
 "questionImgCredit" : ""
}, {
 "question" : "Sally is 55. What’s the maximum she can contribute to a 401(k) in 2021?\n",
 "answers" : [ {
 "answer" : "$26,000",
 "correctAnswer" : true
 }, {
 "answer" : "$19,500",
 "correctAnswer" : false
 }, {
 "answer" : "$14,000",
 "correctAnswer" : false
 }, {
 "answer" : "$7,000",
 "correctAnswer" : false
 } ],
 "multiSelect" : false,
 "explanation" : "Sally can contribute $26,000, which includes an extra $6,500 for those age 50 and older.\n",
 "hint" : "",
 "hintLink" : "",
 "questionImgCaption" : "",
 "questionImgCredit" : ""
}, {
 "question" : "At what age must you start withdrawing money from a Roth IRA?\n",
 "answers" : [ {
 "answer" : "65",
 "correctAnswer" : false
 }, {
 "answer" : "Never",
 "correctAnswer" : true
 }, {
 "answer" : "72",
 "correctAnswer" : false
 }, {
 "answer" : "85",
 "correctAnswer" : false
 } ],
 "multiSelect" : false,
 "explanation" : "There are no required minimum distributions for a Roth.\n",
 "hint" : "",
 "hintLink" : "",
 "questionImgCaption" : "",
 "questionImgCredit" : ""
}, {
 "question" : "When choosing investments in your retirement account such as stocks, bonds and mutual funds, what should you consider?\n",
 "answers" : [ {
 "answer" : "Your age",
 "correctAnswer" : false
 }, {
 "answer" : "Your expected retirement age",
 "correctAnswer" : false
 }, {
 "answer" : "Your risk tolerance relative to your savings goals",
 "correctAnswer" : false
 }, {
 "answer" : "All of the above",
 "correctAnswer" : true
 } ],
 "multiSelect" : false,
 "explanation" : "Generally, people will move their money into safer assets like bonds as they near retirement, but this may not always be the best decision if you started saving late.\n",
 "hint" : "",
 "hintLink" : "",
 "questionImgCaption" : "",
 "questionImgCredit" : ""
}, {
 "question" : "A 401(k) differs from a traditional IRA because:\n",
 "answers" : [ {
 "answer" : "A 401(k) is sponsored by an employer, who may offer matching contributions",
 "correctAnswer" : true
 }, {
 "answer" : "A traditional IRA does not have contribution limits",
 "correctAnswer" : false
 }, {
 "answer" : "You cannot choose your investments in a 401(k)",
 "correctAnswer" : false
 }, {
 "answer" : "All of the above",
 "correctAnswer" : false
 } ],
 "multiSelect" : false,
 "explanation" : "The main difference between 401(k)s and traditional IRAs is that 401(k)s are sponsored by your employer.\n",
 "hint" : "",
 "hintLink" : "",
 "questionImgCaption" : "",
 "questionImgCredit" : ""
}, {
 "question" : "Who created the Roth IRA?\n",
 "answers" : [ {
 "answer" : "William Roth",
 "correctAnswer" : true
 }, {
 "answer" : "David Lee Roth",
 "correctAnswer" : false
 }, {
 "answer" : "Philip Roth",
 "correctAnswer" : false
 }, {
 "answer" : "None of the above",
 "correctAnswer" : false
 } ],
 "multiSelect" : false,
 "explanation" : "The Roth IRA was part of the Taxpayer Relief Act of 1997 and named for Sen. William Roth of Delaware, its chief legislative sponsor.\n",
 "hint" : "",
 "hintLink" : "",
 "questionImgCaption" : "",
 "questionImgCredit" : ""
}, {
 "question" : "How much money do you need to start a Roth or traditional IRA?\n",
 "answers" : [ {
 "answer" : "$100",
 "correctAnswer" : false
 }, {
 "answer" : "$0",
 "correctAnswer" : true
 }, {
 "answer" : "$250",
 "correctAnswer" : false
 }, {
 "answer" : "$5",
 "correctAnswer" : false
 } ],
 "multiSelect" : false,
 "explanation" : "While some financial institutions insist on a minimum initial investment for a Roth IRA or a traditional IRA, there’s no legal minimum amount needed to start one.\n",
 "hint" : "",
 "hintLink" : "",
 "questionImgCaption" : "",
 "questionImgCredit" : ""
}, {
 "question" : "If you lose money in a 401(k) or a traditional IRA, how much of those losses can you deduct from your income taxes?\n",
 "answers" : [ {
 "answer" : "20 percent, provided you have sold the investment",
 "correctAnswer" : false
 }, {
 "answer" : "15 percent of any losses any year",
 "correctAnswer" : false
 }, {
 "answer" : "None",
 "correctAnswer" : true
 }, {
 "answer" : "100 percent of all losses each year",
 "correctAnswer" : false
 } ],
 "multiSelect" : false,
 "explanation" : "While your gains are sheltered from taxes as long as they are in your 401(k) or traditional IRA, you can’t deduct losses.\n",
 "hint" : "",
 "hintLink" : "",
 "questionImgCaption" : "",
 "questionImgCredit" : ""
}, {
 "question" : "How much can you borrow from an IRA?\n",
 "answers" : [ {
 "answer" : "Up to 50 percent of the account value",
 "correctAnswer" : false
 }, {
 "answer" : "You can’t borrow from it",
 "correctAnswer" : true
 }, {
 "answer" : "Up to 25 percent of account value",
 "correctAnswer" : false
 }, {
 "answer" : "Up to 75 percent of account value",
 "correctAnswer" : false
 } ],
 "multiSelect" : false,
 "explanation" : "Although some companies allow borrowing from 401(k) plans, you can’t borrow from a IRA — Roth or traditional.\n",
 "hint" : "",
 "hintLink" : "",
 "questionImgCaption" : "",
 "questionImgCredit" : ""
}, {
 "question" : "What is the maximum tax rate for a withdrawal from a Roth IRA?\n",
 "answers" : [ {
 "answer" : "37 percent",
 "correctAnswer" : false
 }, {
 "answer" : "20 percent",
 "correctAnswer" : false
 }, {
 "answer" : "18 percent",
 "correctAnswer" : false
 }, {
 "answer" : "None of the above",
 "correctAnswer" : true
 } ],
 "multiSelect" : false,
 "explanation" : "If you take a withdrawal from your Roth IRA after age 59 1/2 and you’ve had the account for five years, you pay no taxes when you withdraw money.\n",
 "hint" : "",
 "hintLink" : "",
 "questionImgCaption" : "",
 "questionImgCredit" : ""
} ]

Quiz Progress

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