Term Answer Description Keogh plan A. For Keogh and IRA accounts, the magic age is 59 1/2 or will be subject to a 10% penalty. SEP plan B. Introduced in 1962, this plan allows self-employed individuals to set up tax-deferred retirement plans or accounts for themselves and their employees. Individual retirement arrangement For people in their 30s and 40s, a Roth IRA is an appropriate investment decision. Traditional IRA D. Regardless of income level or participation in an employer retirement plan, a contribution made with after-tax dollars can open this type of account. Nondeductible IRA Couples filing jointly with adjusted gross incomes of up to $193,000 ($131,000 for single filers) can open this type of account, without regard to participation in an employer retirement program. Roth IRA Self-directed retirement plan F. Aimed at small-business owners, this plan is just like a Keogh plan. G. Two basic types of retirement programs-Keogh and SEP (for self-employed individuals)-and IRAs allow individuals to set up their own tax-sheltered retirement plans. Withdrawal H. If you change jobs, arrange for your IRA funds to transfer from one firm to another. liler UWIT LdX-Silelereu reuerent Pidiis. Withdrawal H. If you change jobs, arrange for your IRA funds to transfer from one firm to another. Rollover This type of account can be opened by anyone without a retirement plan at his or her place of employment, regardless of income level. D J. A possible investment decision Although dependent on several variables, any gainfully employed person can have this type of account. Term Answer Description Keogh plan A. For Keogh and IRA accounts, the magic age is 59 1/2 or will be subject to a 10% penalty. SEP plan B. Introduced in 1962, this plan allows self-employed individuals to set up tax-deferred retirement plans or accounts for themselves and their employees. Individual retirement arrangement For people in their 30s and 40s, a Roth IRA is an appropriate investment decision. Traditional IRA D. Regardless of income level or participation in an employer retirement plan, a contribution made with after-tax dollars can open this type of account. Nondeductible IRA Couples filing jointly with adjusted gross incomes of up to $193,000 ($131,000 for single filers) can open this type of account, without regard to participation in an employer retirement program. Roth IRA Self-directed retirement plan F. Aimed at small-business owners, this plan is just like a Keogh plan. G. Two basic types of retirement programs-Keogh and SEP (for self-employed individuals)-and IRAs allow individuals to set up their own tax-sheltered retirement plans. Withdrawal H. If you change jobs, arrange for your IRA funds to transfer from one firm to another. liler UWIT LdX-Silelereu reuerent Pidiis. Withdrawal H. If you change jobs, arrange for your IRA funds to transfer from one firm to another. Rollover This type of account can be opened by anyone without a retirement plan at his or her place of employment, regardless of income level. D J. A possible investment decision Although dependent on several variables, any gainfully employed person can have this type of account