See all 9th-12th Grades Standards
Understanding IRAs

Understanding IRAs

Article • 15 min of learning
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Here's how Understanding IRAs aligns with curriculum standards in Alabama. Use the filters to change the location, set of standards, and grade level.

Personal Finance

Financial Responsibility

3: Explain how goals, decision‑making, and planning affect personal financial choices and behaviors.

Standards
Defined by Alabama Course of Study: Finance 9th-12th Grades and align with Understanding IRAs
d: Compare and contrast retirement and estate planning options available to individuals and families.

Saving

22: Research and report on the benefits of savings.

Standards
Defined by Alabama Course of Study: Finance 9th-12th Grades and align with Understanding IRAs
a: Distinguish between saving and investing, considering the characteristics of various methods of saving. Examples: savings account, money markets, certificates of deposit, IRAs, retirement accounts

Investing

24: Identify types of investments appropriate for different objectives. Examples: short term vs. long term goals, liquidity, risks vs. reward

Standards
Defined by Alabama Course of Study: Finance 9th-12th Grades and align with Understanding IRAs
c: Compare the advantages of taxable, tax‑deferred, and tax‑advantaged investments, including Roth IRAs and employer‑sponsored retirement options, and determine which are most beneficial for new savers.