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Which of the following is NOT a retirement benefit under the Blended Retirement System.?

Continuation Pay


Which of the following statements best explains why some people are more committed to saving for retirement than others?

Some people may have a higher level of financial literacy, understand the importance of saving for retirement, have clear retirement goals, or have experienced the consequences of not saving enough. Personal values, beliefs, and attitudes towards money can also influence an individual's commitment to saving for retirement. Social influence and external factors such as income level, access to retirement plans, and economic stability can also play a role in determining one's commitment to saving for retirement.


George Thriftless is 45 years old, earns $50,000 per year, and expects that his future earnings will keep pace with inflation, but will not exceed inflation. He has not yet saved anything toward his retirement. His company does not offer any pension plan.?

George Thriftless is 45 years old, earns $50,000 per year, and expects that his future earnings will keep pace with inflation, but will not exceed inflation. He has not yet saved anything toward his retirement. His company does not offer any pension plan. George pays Social Security taxes equal to 7.5% of his salary, and he assumes that when he retires at age 65, he will receive $ 12,000 per year in inflation-adjusted Social Security benefits for the rest of his life. His life expectancy is age 85. George buys a book on retirement planning that recommends saving enough so that when private savings and Social Security are combined, he can replace 80% of his preretirement salary. George buys a financial calculator and goes through the following calculations: First, he computes the amount he will need to receive in each year of retirement to replace 80% of his salary: 0.8 X $50,000 = $40,000. Since he expects to receive $12,000 per year in Social Security benefits, he cal­culates that he will have t


Why should you Plan for Retirement?

The following are some key reasons as to why you need to plan for Retirement.Unforeseen Medical ExpensesFinancial Security of our Children & Grand ChildrenFlexibility & Peace of Mind


Which of the following are advantages to Service members who participate in the Blended Retirement System with respect to the Thrift Savings Plan?

Service members who participate in the Blended Retirement System with respect to the Thrift Savings Plan benefit from matching contributions from the government, portability of funds upon separation from the military, and the option to contribute their own funds to further grow their retirement savings.

Related Questions

Which are the best estimating software programs?

There are a lot of estimating software programs avaiable in the interent. The following gives you a fair idea of estimating software programs and their reviews from the customers - http://construction-estimating-software-review.toptenreviews.com/


Which are the best programming softwares?

There are a lot of estimating software programs avaiable in the interent. The following gives you a fair idea of estimating software programs and their reviews from the customers - http://construction-estimating-software-review.toptenreviews.com/


Which of the following is not a proportion?

5/3


Which of the following is NOT a retirement benefit under the Blended Retirement System.?

Continuation Pay


What is of the following ratios forms a proportion with 415?

Don't write "the following" if you don't provide a list.


Where can I get ratings of retirement facilities?

Yes, there is indeed a website that rates retirement facilities. You can find it on the following website: http://www.medicare.gov.


How does one plan for retirement?

To plan for retirement, begin with your employer's personnel department. They can help you with questions for retirement. You can also try the following link to help plan for your retirement: http://money.cnn.com/magazines/moneymag/money101/lesson13/.


Which one of the following investment vehicles provides before-tax savings to be used in the retirement planning process?

Which one of the following investment vehicles provides before-tax savings to be used in the retirement planning process?


Which of her following gave the department of labor a large role in protecting the retirement plans of American workers?

The Employee Retirement Income Security Act (ERISA) of 1974


Which molecule among the following would have the highest proportion of enol at equilibrium?

The molecule with the highest proportion of enol at equilibrium would be the one with the most stable enol form.


Where can I find an FERS retirement calculator?

You can find an FERS retirement calculator at the following sites I found for you to look at. Here are the sites you can look at www.fedcalc.com/fers.jsp ,www.fedcalc.com/


Which company offers retirement planning software?

The following companies offer retirement planning software: Economic Security Planning Inc., who manufactures the ESPlannerBasic software; and WealthTrace.