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 Washington DC. Use the filters to change the location, set of standards, and grade level.

EARNING INCOME

Knowledge Standards

EI.K.4: Analyze the differences between sources of retirement income, including Social Security, employer-sponsored retirement plans, personal investments and continued employment earnings.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Understanding IRAs
Students will examine different potential sources of retirement income, including but not limited to Social Security, employer-sponsored accounts, 401(k) accounts, 403(b) accounts, 457(b) accounts, traditional and Roth IRA accounts, etc.

SAVING AND INVESTING

Knowledge Standards

SI.K.7: Assess how tax policies promote savings by allowing individuals to save pretax earnings or by providing tax advantages on interest earned.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Understanding IRAs
Students will evaluate the tax savings advantages associated with traditional IRAs (individual retirement accounts), Roth IRAs and education savings accounts.