401(k) A retirement program offered by private industry involving contributions from the employee and (frequently) matching funds contributed by the employer.
403(b) A retirement program offered by schools, universities, and (often) other nonprofits.
529 plan A state-sponsored savings plans designed specifically for college savings. The earnings grow tax-free, and withdrawals are tax-free if used for qualified educational expenses. There is no minimum investment, and anyone can contribute, regardless of income.
active management When the manager of a mutual fund uses personal judgment to select investments.
annualized return The average return of an investment over a period of years, averaged per year.
annuity An insurance ...