A Summary of Key Changes for Tax Year 2025
November 18, 2024Year-End Housekeeping
December 4, 2024Retirement Plan Crossword
Across
3. The act of taking money out of your 401(k) account early, will receive penalty.
4. A lump sum paid to a participant or beneficiary.
6. Average age of retirement.
8. The party designated by a participant to receive the retirement plan benefits of a deceased participant.
10. (You) Involving trust, especially concerning the relationship between a trustee and a beneficiary.
11. Determines the portion of a participant’s accrued benefit or account balance.
Down
1. Transferring funds from one plan to another.
2. A fund of funds.
5. An asset or item acquired to generate income or gain appreciation.
7. Involving trust, especially about the relationship between a trustee and a beneficiary.
9. An amount of money that an employer chooses to make to participating employees’ retirement plans offered by the company.
Answer key:
1. Rollover
2. TargetDateFund
3. Withdrawal
4. Distribution
5. Investment
6. SixtyFive
7. Fiduciary
8. Beneficiary
9. Match
10. Participant
11. VestingSchedule