Action Academy

Bonds, Municipal Bonds, and Retirement Accounts

How lending money to a government or company works, what changes a bond's price, and how 401(k)s, IRAs, matches, and vesting actually function.

Intermediate

1 hr4 lessons5-question testAll courses

Sections

Pass each section to unlock the next

Read it or listen to it, then clear the section test. Sections open one at a time.

Section 1

What a bond actually is

A bond is a loan. When you buy a bond, you are lending money to the issuer — a corporation, the U.S. Treasury, or a state or local government — which promises to pay you regular in… Join free to read, listen, and test.

Section 2

Municipal bonds: how your city borrows

Locked

A municipal bond is debt issued by a state, city, county, or local authority to fund public projects — schools, roads, water systems, hospitals. A general obligation bond is backed… Join free to read, listen, and test.

Section 3

401(k)s and employer matches: money you should not leave on the table

Locked

A 401(k) is an employer-sponsored retirement plan that lets you contribute a portion of your paycheck before or after tax, depending on whether it is a traditional or Roth option, … Join free to read, listen, and test.

Section 4

IRAs and choosing between traditional and Roth

Locked

An Individual Retirement Account is opened on your own, outside an employer, at a brokerage or bank. A traditional IRA generally lets you deduct contributions now and pay ordinary … Join free to read, listen, and test.

Course test

Prove what you learned

Members take a 5-question test at the end of this course. Score 80% or higher and a certificate of completion is issued to your account.

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