Project 5

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Budgets

- There are several terms relative to Budgeting that you should be familiar with. , I want you to provide a written document explaining each item and describe the good the bad and the ugly of each item.

A. Define Benefit Retirement Plan (1 page)

B. Defined Contribution Retirement Plan (1 page)

C. Health Saving Account (2 paragraphs) including cap amounts

D. 401 K (2 paragraphs) Including cap amounts

E. 403 B (2 paragraphs0 Including Cap amounts

F. Roth IRA (2 paragraphs) including cap amounts.