Appendix A. Glossary

401(k) plan

A retirement plan into which you can contribute a portion of your current salary (usually before taxes). Contributions can grow tax-deferred until you withdraw them upon retirement.

adjustable-rate mortgage

A mortgage set up with an interest rate that can change at specific intervals, as determined under the initial contract.

adjusted gross income (AGI)

Your gross income, less certain allowed business-related deductions. These deductions include alimony payments, contributions to a Keogh retirement plan, and in some cases, contributions to an IRA.


An individual who inspects damage as reported on an insurance claim and determines a settlement amount for the claim.

aggressive growth fund

A type of mutual fund where ...

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