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Projects 20-22

Credit Cards and Identity Theft

TermDefinition
Credit Card Identity Theft Occurs when private credit card information is stolen and used without permission.
Savings Funds you may need to access in the short term.
Investing Using money to create wealth over time.
401(k) A retirement plan where employees have a percentage of their salary deducted from their paycheck each pay period.
IRA (Individual Retirement Account) An investment tool with tax advantages individuals use to save for retirement.
SEP (Simplified Employee Pension) A one-participant 401(k) that is similar to other 401(k) plans, but is designated only for owners of a business with no employees.
Created by: user-2016985
 

 



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