Team 4 PresentationTeam MembersType of ProjectTopics SelectedCasesSlide 6ResourcesTeam 4 PresentationAlbert GranaDexter DimasuayJohnnie EvansJulia FrancisTeam MembersAlbert Grana - SummarizerDexter Dimasuay – Jack of All TradesJohnnie Evans - OrganizerJulia Francis - TechieType of ProjectPersonal Investing OptionsTopics SelectedInvesting and Saving for College – Types of savings accounts; tax consequences; prices of college adjusted for inflationComparison of a Roth IRA and a Regular IRA – Who can contribute; what are the limits; tax consequencesCasesCollege Savings – Joe & Mary have a new baby and they want to make sure it can go to an expensive private school. (If they can’t afford that, it’s their alma matter Cal Poly). We will create several savings plan options for them, and compare the results at different interest rates.CasesIRA Account – Bob is 30 and self-employed. He wants to make sure that he will have enough money for retirement. He has heard about “IRA”s and “Roth IRA”s but is confused – which is better? What is the difference? We will compare the two plans, determine under which circumstances one is better than the other; and and compare the results at different interest ratesResourcesING Direct529EducationPlan.comSaving For CollegeFidelity InvestmentsCharles Schwab InvestmentsMoney
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