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A contract by which individuals pay a set amount on a regular basis until retirement, and when the individuals retire, the company pays a set amount to the retiree for life or until the contract ends

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An individual's financial positives, like cash, home equity, or a car owned outright

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Plans whereby the employer allots an amount of money to be paid to an individual during retirement

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Plans whereby the employee contributes to a fund that will grow and can later be used for retirement

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Tax-deferred plans managed by the employer

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Tax-deferred plans used by self-employed individuals and small businesses

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An individual's financial negatives, like a car loan or credit card balance

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How much money a person has if they were to pay all debts and sell all assets

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A financial document that outlines one's assets and liabilities in order to calculate their net worth on a given day

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A list of one's personal property and how much it is worth

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A retirement plan that is opened and managed by the individual; income taxes on money for the retirement plan are paid when it is earned rather than when it is withdrawn from the account

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A retirement plan that allows small businesses to contribute to an employee's retirement

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A social program designed for assisting the elderly or those unable to work

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An account for which taxes are paid when the money is withdrawn rather than when the money is initially earned

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A savings plan where pre-tax money is deposited to earn interest over a period of time

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A tax-deferred retirement account opened and managed by the individual