Retirement Plans and Education Savings

Retirement and education-savings questions test product features, tax treatment, contribution limits, and suitability. This chapter groups the material into IRAs, employer-sponsored plans, non-qualified plans, and education savings so the differences stay clear.

That structure helps with the exam because many questions ask you to distinguish products that sound similar but differ in eligibility, funding source, contribution rules, or tax consequences.

In this section

• Individual Retirement Accounts
  Review traditional, Roth, rollover, and related IRA rules, taxation, and suitability issues.
• Employer-Sponsored Retirement Plans
  Understand defined benefit and defined contribution plans, employer matching, and plan comparisons.
• Non-Qualified Plans
  Review deferred compensation and other non-qualified retirement arrangements tested on the Series 7.
• Education Savings Accounts
  Review 529 plans, Coverdell ESAs, and the main education-savings product distinctions.