Establishing a ___________ ensures that you will have an amount of money that can be obtained quickly in case of immediate need.
A)traditional IRA
B)emergency fund
C)Roth IRA
D)403b
E)401k

Question

Quizplus · Accepted Answer

An emergency fund is specifically designed to provide quick access to cash in the event of unexpected expenses or financial hardships. Traditional IRA, Roth IRA, 403b, and 401k accounts are not intended to be used for immediate access to funds and may have penalties for early withdrawal.

Establishing a ___________ Ensures That You Will Have an Amount