Episode 23 of 60 · Financial Literacy: Cash Course
Understanding Retirement Savings Accounts
Grades 6th+
Financial Literacy — Economics & Financial Literacy · Economics — Economics & Financial Literacy · Captions
About This Video
Would you rather have $500 now or $35,000 later? While saving for the future may not sound exciting, the payoff could be huge! In this episode of Cash Course, your middle and high school students will discover the importance of starting to plan for retirement early and learn how various financial tools, such as a 401(k), IRA, and Roth IRA, can provide a significant advantage on their financial journey.
Standards Met in Ohio
- EFL.9-12.11.lp.kGrades 9th, 10th, 11th, 12thIdentify employer vs. employee.
- EFL.9-12.18.bGrades 9th, 10th, 11th, 12thList some alternatives to traditional savings.
- EFL.9-12.18.cGrades 9th, 10th, 11th, 12thIdentify one alternative to traditional savings.