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Understanding IRAs

Understanding IRAs

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

Standards
Defined by Jump$tart National Standards in 2022 12th Grade and align with Understanding IRAs
12-10a: Identify different potential sources of retirement income.
12-6a: Explain how traditional IRAs (individual retirement accounts), Roth IRAs, and education savings accounts provide incentives for people to save.
12-6b: Compare the tax advantages of traditional and Roth IRAs.
12-8b: Describe the advantages of investing through a tax-deferred account such as an IRA or 401(k) versus a taxable account.
12-8c: Investigate the contribution limits and tax advantages of a traditional IRA versus a Roth IRA.