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Financial Literacy Trivia 2

Horizontales
the percentage charged by lenders for the use of borrowed money
type of bankruptcy that allows individuals to reorganize their debts and pay overtime
individual retirement account
the tax on the value of goods and services sold
automatically investing a fixed amount of money into an investment account
the process of spreading your investments across different types of assets to reduce risk
retirement savings account that is sponsored by an employer and allows employee contributions
Verticales
the total amount of credit available to a borrower
maximum credit score
deduction method that allows taxpayers to deduct specific expenses
the federal agency responsible for collecting taxes in the US
the tax paid on the profit from the sale of and investment
a major credit bureau
the form employers use to report wages and salaries they pay to employees, as well as taxes paid
an IRA that allows individuals to contribute after-tax dollars and withdraw tax-free