Question | Answer |
Medicare supplement insurance policies are most commonly purchased to cover the deductibles and copays that are charged under Medicare Parts A and B. | |
Who provides the majority of long-term care? | |
If all of a mutual fund’s assets are invested in long-term bonds and the investment climate changes so that interest rates rise significantly, the value of the mutual fund shares | |
An individual who is age 75 can still make a Roth IRA contribution if he or she has earnings from work and does not exceed the earnings limit. | |
Continuing care retirement communities (CCRC’s) are different than a 55-plus housing development in that CCRCs always offer: | |
Sarah is single, age 65, and takes a reverse mortgage with a lump sum payment. When does the loan have to be repaid? | |
Which one of the following is true about cash value life insurance? | |
Converting a portion of a traditional IRA into a Roth IRA is a good idea this year if: | |
If the interest rate on your savings account were 2% per year and inflation were 4% per year, after one year, you would be able to buy ___ with the money in this account: | |
To maximize the withdrawal rate from a portfolio over a 30-year retirement period, it is best to hold ___ in equities throughout retirement. | |
Which one of the following statements concerning the federal income tax treatment of distributions to a 65-year-old retiree is true? | |
The lifetime income payout rate (the annual annuity payment as a percentage of the purchase price) for an immediate income annuity for a 65-year-old male today is roughly: | |
An immediate income annuity that pays income of $1,000 a month is generally going to be more expensive: | |
Which one of the following is false about the federal taxation of life insurance purchased by an individual? | |
If a large public company sponsoring a 401(k) plan files for bankruptcy, employees are: | |
Which of the following strategies is least likely to improve retirement security? | |
Recent research has shown that a person planning to retire at age 65 should take the least amount of investment risk at: | |
According to the Social Security Administration, in 2033 they will only have funds to pay for approximately ___ of promised benefits. | |
Traditional Medicare will cover which of the following medical expenses? | |
Exchange-traded funds generally have higher expenses than actively managed mutual funds. | |
Social Security workers’ monthly benefits are increased for each year that benefits are deferred from age 62 to age___. | |
Medicare typically pays for the costs of a nursing home for one year. | |
A PE ratio means: | |
Historically, which one of the following generates the highest returns over a long time period? | |
The total out of pocket medical costs for married couples in retirement is relatively consistent from retiree to retiree. | |
Which of the following types of long-term bonds typically has the highest yield? | |
Investing 20-40% of a retirement portfolio in a life annuity can protect against life expectancy uncertainty, ensuring a basic level of spending is available throughout retirement. | |
In order to avoid a penalty tax, distributions from an IRA must begin for the year in which you attain age___. | |
Between a lump sum and a life annuity from a company sponsored retirement plan, the life annuity is likely to be the better choice if the participant is most concerned about: | |
Most experts agree that the best way to protect against inflation is to have a: | |
What is the proportion of the population that is going to need assistance with activities of daily living (need long-term care) at some point? | |
Buying a single company’s stock usually provides a safer return than a stock mutual fund. | |
A single person who is likely to live to age 90 is generally going to be better off claiming Social Security benefits at age ___. | |
Who pays for the majority of long-term care expenses? | |
A 65-year-old man has an average life expectancy of approximately an additional: | |
A deferred variable annuity with guaranteed lifetime withdrawal benefits: | |
Long-term care insurance is intended to cover: | |
A 65-year-old man has an average life expectancy of approximately an additional: | |
What is the proportion of the population that is going to need assistance with activities of daily living (need long-term care) at some point? | |
Who pays for the majority of long-term care expenses? | |
Who provides the majority of long-term care? | |
Long-term care insurance is intended to cover: | |
Medicare typically pays for the costs of a nursing home for one year. | |
In order to avoid a penalty tax, distributions from an IRA must begin for the year in which you attain age___. | |
Which one of the following statements concerning the federal income tax treatment of distributions to a 65-year-old retiree is true? | |
An individual who is age 75 can still make a Roth IRA contribution if he or she has earnings from work and does not exceed the earnings limit. | |
Converting a portion of a traditional IRA into a Roth IRA is a good idea this year if: | |
Between a lump sum and a life annuity from a company sponsored retirement plan, the life annuity is likely to be the better choice if the participant is most concerned about: | |
Sarah is single, age 65, and takes a reverse mortgage with a lump sum payment. When does the loan have to be repaid? | |
If a large public company sponsoring a 401(k) plan files for bankruptcy, employees are: | |
Which of the following types of long-term bonds typically has the highest yield? | |
If the interest rate on your savings account were 2% per year and inflation were 4% per year, after one year, you would be able to buy ___ with the money in this account: | |
Most experts agree that the best way to protect against inflation is to have a: | |
Buying a single company’s stock usually provides a safer return than a stock mutual fund. | |
If all of a mutual fund’s assets are invested in long-term bonds and the investment climate changes so that interest rates rise significantly, the value of the mutual fund shares | |
Historically, which one of the following generates the highest returns over a long time period? | |
Exchange-traded funds generally have higher expenses than actively managed mutual funds. | |
A PE ratio means: | |
A single person who is likely to live to age 90 is generally going to be better off claiming Social Security benefits at age ___. | |
To maximize the withdrawal rate from a portfolio over a 30-year retirement period, it is best to hold ___ in equities throughout retirement. | |
Investing 20-40% of a retirement portfolio in a life annuity can protect against life expectancy uncertainty, ensuring a basic level of spending is available throughout retirement. | |
Recent research has shown that a person planning to retire at age 65 should take the least amount of investment risk at: | |
Which of the following strategies is least likely to improve retirement security? | |
The lifetime income payout rate (the annual annuity payment as a percentage of the purchase price) for an immediate income annuity for a 65-year-old male today is roughly: | |
An immediate income annuity that pays income of $1,000 a month is generally going to be more expensive: | |
A deferred variable annuity with guaranteed lifetime withdrawal benefits: | |
Which one of the following is true about cash value life insurance? | |
Which one of the following is false about the federal taxation of life insurance purchased by an individual? | |
Social Security workers’ monthly benefits are increased for each year that benefits are deferred from age 62 to age___. | |
According to the Social Security Administration, in 2033 they will only have funds to pay for approximately ___ of promised benefits. | |
Continuing care retirement communities (CCRC’s) are different than a 55-plus housing development in that CCRCs always offer: | |
Traditional Medicare will cover which of the following medical expenses? | |
Medicare supplement insurance policies are most commonly purchased to cover the deductibles and copays that are charged under Medicare Parts A and B. | |
The total out of pocket medical costs for married couples in retirement is relatively consistent from retiree to retiree. | |
A 65-year-old man has an average life expectancy of approximately an additional: | |
What is the proportion of the population that is going to need assistance with activities of daily living (need long-term care) at some point? | |
Who pays for the majority of long-term care expenses? | |
Who provides the majority of long-term care? | |
Long-term care insurance is intended to cover: | |
In order to avoid a penalty tax, distributions from an IRA must begin for the year in which you attain age___. | |
Which one of the following statements concerning the federal income tax treatment of distributions to a 65-year-old retiree is true? | |
Converting a portion of a traditional IRA into a Roth IRA is a good idea this year if: | |
Between a lump sum and a life annuity from a company sponsored retirement plan, the life annuity is likely to be the better choice if the participant is most concerned about: | |
Sarah is single, age 65, and takes a reverse mortgage with a lump sum payment. When does the loan have to be repaid? | |
If a large public company sponsoring a 401(k) plan files for bankruptcy, employees are: | |
Which of the following types of long-term bonds typically has the highest yield? | |
If the interest rate on your savings account were 2% per year and inflation were 4% per year, after one year, you would be able to buy ___ with the money in this account: | |
Most experts agree that the best way to protect against inflation is to have a: | |
If all of a mutual fund’s assets are invested in long-term bonds and the investment climate changes so that interest rates rise significantly, the value of the mutual fund shares | |
Historically, which one of the following generates the highest returns over a long time period? | |
A PE ratio means: | |
A single person who is likely to live to age 90 is generally going to be better off claiming Social Security benefits at age ___. | |
To maximize the withdrawal rate from a portfolio over a 30-year retirement period, it is best to hold ___ in equities throughout retirement. | |
Recent research has shown that a person planning to retire at age 65 should take the least amount of investment risk at: | |
Which of the following strategies is least likely to improve retirement security? | |
The lifetime income payout rate (the annual annuity payment as a percentage of the purchase price) for an immediate income annuity for a 65-year-old male today is roughly: | |
An immediate income annuity that pays income of $1,000 a month is generally going to be more expensive: | |
A deferred variable annuity with guaranteed lifetime withdrawal benefits: | |
Which one of the following is true about cash value life insurance? | |
Which one of the following is false about the federal taxation of life insurance purchased by an individual? | |
Social Security workers’ monthly benefits are increased for each year that benefits are deferred from age 62 to age___. | |
According to the Social Security Administration, in 2033 they will only have funds to pay for approximately ___ of promised benefits. | |
Continuing care retirement communities (CCRC’s) are different than a 55-plus housing development in that CCRCs always offer: | |
Traditional Medicare will cover which of the following medical expenses? | |
A 65-year-old man has an average life expectancy of approximately an additional: | |
What is the proportion of the population that is going to need assistance with activities of daily living (need long-term care) at some point? | |
Who pays for the majority of long-term care expenses? | |
Who provides the majority of long-term care? | |
Long-term care insurance is intended to cover: | |
In order to avoid a penalty tax, distributions from an IRA must begin for the year in which you attain age___. | |
Between a lump sum and a life annuity from a company sponsored retirement plan, the life annuity is likely to be the better choice if the participant is most concerned about: | |
Sarah is single, age 65, and takes a reverse mortgage with a lump sum payment. When does the loan have to be repaid? | |
If a large public company sponsoring a 401(k) plan files for bankruptcy, employees are: | |
If all of a mutual fund’s assets are invested in long-term bonds and the investment climate changes so that interest rates rise significantly, the value of the mutual fund shares | |
Historically, which one of the following generates the highest returns over a long time period? | |
A PE ratio means: | |
A single person who is likely to live to age 90 is generally going to be better off claiming Social Security benefits at age ___. | |
To maximize the withdrawal rate from a portfolio over a 30-year retirement period, it is best to hold ___ in equities throughout retirement. | |
The lifetime income payout rate (the annual annuity payment as a percentage of the purchase price) for an immediate income annuity for a 65-year-old male today is roughly: | |
An immediate income annuity that pays income of $1,000 a month is generally going to be more expensive: | |
A deferred variable annuity with guaranteed lifetime withdrawal benefits: | |
Which one of the following is true about cash value life insurance? | |
Which one of the following is false about the federal taxation of life insurance purchased by an individual? | |
Social Security workers’ monthly benefits are increased for each year that benefits are deferred from age 62 to age___. | |
According to the Social Security Administration, in 2033 they will only have funds to pay for approximately ___ of promised benefits. | |
Continuing care retirement communities (CCRC’s) are different than a 55-plus housing development in that CCRCs always offer: | |
Traditional Medicare will cover which of the following medical expenses? | |
Comments