{"id":26704,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/assignment-1-lasa-understanding-401k-and-iras-please-follow-instructions-fully"},"modified":"2017-08-12T07:02:02","modified_gmt":"2017-08-12T07:02:02","slug":"assignment-1-lasa-understanding-401k-and-iras-please-follow-instructions-fully","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/assignment-1-lasa-understanding-401k-and-iras-please-follow-instructions-fully\/","title":{"rendered":"Assignment 1: LASA: Understanding 401(k) and IRAs PLEASE FOLLOW INSTRUCTIONS FULLY!!"},"content":{"rendered":"<p>Assignment 1: LASA: Understanding 401(k) and IRAs<\/p>\n<p>For this assignment, you will prepare a PowerPoint presentation evaluating and explaining the 401(k) and Individual Retirement Accounts (IRAs) at a local community center, where you have been invited to speak. The audience will be a group of people who already work for companies that provide a 401(k) plan, so they are familiar with the basic concepts. The goal of the presentation is to explain to the audience the differences between the 401(k) and IRAs. Include the following:<\/p>\n<ul>\n<li>Explain which account would earn more money for the investor: a traditional IRA or a Roth IRA. Support your statements with reasons and examples.<\/li>\n<\/ul>\n<ul>\n<li>Describe how people can identify their federal tax brackets.<\/li>\n<\/ul>\n<ul>\n<li>Use the following hypothetical questions\/situations to explain the retirement plans in further detail.\n<ol>\n<li>If you were to invest $3,500 in traditional IRA and a Roth IRA, after making adjustments for possible tax deductions, what would your&nbsp;<b>net contribution<\/b>&nbsp;be for both the traditional and Roth IRA? Explain any differences your research shows.<\/li>\n<li>Once the traditional IRA or Roth IRA is established, you decide to invest the proceeds in a mutual fund. Identify the type of mutual fund you would select. Examples include stocks, bonds, or a balanced mutual fund. Using the Internet, research and select a specific mutual fund that meets your desired risk tolerance. You can use examples of mutual fund companies such as Oppenheimer and Franklin Templeton. Be sure to justify your selection.<\/li>\n<li>Based on the average annual return on the mutual fund selected, you invest $3,500 for thirty years without withdrawing any of the proceeds. How large would the balance be at the end of thirty years? Include your calculations in your presentation.<\/li>\n<li>To avoid the process of probate, and ensure that the balance in this fund transfers upon death to a person of your choice, explain how this account should be set up to ensure a prompt and direct transfer.<\/li>\n<li>As an employee of an organization, you may have access to invest in a 401(k) plan. Explain what a 401(k) plan is as well as its benefits. When one has the option to utilize a 401(k) from an employer, explain what restrictions are in place to limit 401(k) contribution?<\/li>\n<\/ol>\n<\/li>\n<\/ul>\n<p>Support your statements with examples and scholarly references. Remember to include detailed speakers\u2019 notes to include additional remarks that could be used as a script when presenting to a live audience. Develop an 8\u201310-slide presentation in PowerPoint format. Apply APA standards to citation of sources. Use the following file naming convention: LastnameFirstInitial_M5_A1.ppt.<\/p>\n<p>By&nbsp;<b>Week 5, Day 5<\/b>, deliver your assignment to the&nbsp;<b>M5: Assignment 1 Dropbox<\/b>.<\/p>\n<p>Grading Criteria and Rubric<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Assignment 1: LASA: Understanding 401(k) and IRAs For this assignment, you will prepare a PowerPoint presentation evaluating and explaining the 401(k) and Individual Retirement Accounts (IRAs) at a local community center, where you have been invited to speak. The audience <a href=\"https:\/\/www.benedictsol.com\/blogs\/assignment-1-lasa-understanding-401k-and-iras-please-follow-instructions-fully\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-26704","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/26704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=26704"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/26704\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=26704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=26704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=26704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}