Please choose the correct ending to complete the given sentence: Home and Garden: [header] How to save money as a single parent [title] Put aside any money you receive in child support or alimony. [step] Unless you need those funds to meet your regular expenses, keep that money in a separate savings account. [title] Invest in retirement.

Ending1: [step] Your social security will protect you against the costs associated with being single (and taxes) by saving it from the source (your parents and/or guardians). With federal law, retirement accounts are more affordable and do not require as much tax as alimony, but they do require guidelines. Ending2: [step] If you know how to use retirement savings to pay for your child, then set aside an extra $5 , 000 every month. You need this money to cover all costs of getting a job and preparing for your child's first year of college. Ending3: [step] Take advantage of any 401 k or retirement plans your employer offers. This money will be taken out of your paycheck before you have a chance to miss it. Ending4: [step] You could also use your savings in an individual retirement account (401 (k) ). This ira would reduce your monthly spending to $120 , 000 (113.6 c) and up to $38 , 000 (355 l) annually.

Answer format: ending1/ending2/ending3/ending4