Vocab chapter 14 FP Crossword
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
 
 
Down: 1) A loan based on the equity in a home that provides elderly homeowners with tax-free income and is paid back with interest when the home is sold or the homeowner dies. 3) A form of housing tenure where a tenant is given the right to live in a dwelling unit in return for an upfront payment and monthly maintenance fees. 4) An employee's right to at least a portion of the benefits accrued under an employer pension plan, even if the employee leaves the company before retiring. 5) Private businesses that provide seniors various combinations of accommodation, support services, and personal care. Across: 2) Independent living residences (bungalows, townhouses, or smaller homes) for retirees or semi-retirees in a community of healthy seniors. 6) An investment vehicle that allows you to shelter your savings from income taxes. 7) Also called a "money purchase pension plan," this plan specifies the contribution from the employee and/or employer but does not guarantee the pension benefit you will receive.8) A plan that specifies the benefits the employee will receive at the normal retirement age.
 

 

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