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Make Retirement Work


Financial and retirement planning guidance for residents of Nebraska and beyond! You’ll learn about risk, investments, 401(k)s, IRAs, rollover strategies, how to find the right advisor, Social Security and many more topics.

Your host is Marc Werkmeister, a Certified Financial Planner (CFP) with Professional Financial Advisors. They have offices in North Platte, Scottsbluff, Kearney, Lincoln, and Grand Island.

Visit MakeRetirementWork.com for more episodes and information about how Marc can help you plan for retirement. You can also call 855-202-WORK (9675).

Aug 6, 2020

From the Federal Reserve to the New York Stock Exchange to the U.S. Department of Treasury, how much do you know about our country’s largest financial institutions? We take you on a trivia-filled history lesson and explain how they impact our lives.

 

Read more and get additional financial resources here: http://makeretirementwork.com/412/ep-10-a-trivia-filled-history-lesson-on-u-s-financial-institutions/ 

 

On today's show:

2:04 – What is the Federal Reserve?

6:41 – Most common role the Federal Reserve plays in our lives

8:23 – Trivia: How much U.S. currency is currently in circulation?

8:57 – What is the New York Stock Exchange?

12:08 – What is the S&P 500?

14:30 – What is the U.S. Department of Treasury?

16:40 – How does the Treasury differ from the Fed?

18:02 – Trivia: Why was the IRS created?