| A | B |
|---|
| 401(k) | Defined contribution plan offered by a corporation to its employees |
| 403(b) | retirement plan that is offered by non-profit organizations |
| 457 Plan | non-qualified, deferred compensation plan established by state and local governments for tax-exempt government agencies and tax-exempt employers |
| 529 Plan | college savings plan that allows individuals to save on a tax-deferred basis to fund college |
| Custodian | Manager of a child's UTMA |
| Direct Transfer | Movement of tax-deferred retirement from one plan to another |
| Educational Savings Account (ESA) | Save for college by first using this type of account |
| Individual Retirement Arrangement (IRA) | Tax-deferred arrangement for individuals with earned income |
| Pre-Paid Tuition | Paying for college ahead of time by accumulating units of tuition |
| Rollover | Movement of funds from a tax-deferred retirement plan from one plan to another |
| Roth IRA | Retirement account funded with after-tax dollars that grow tax free |
| Simplified Employee Pension PLan (SEPP) | A retirement plan for self-employed people |
| Uniform Transfers to Minors Act (UTMA) | Used after you max out the ESA |
