answersLogoWhite

0

Retirement Planning

User Avatar

Gennaro Schmeler

Lvl 10
2y ago
2.39
18 Reviews
Add a rating

Rate this Study Guide:

Cards in this guide (17)
What is the median income for KY

I got this information from http://projects.washingtonpost.com/elections/keyraces/census/ky Here is a chart of median income for Kentucky and for the whole U.S:

KentuckyNational

  • Median Household Income: $40,267
  • Per capita Income: $21,951
  • Male full-time, year round, workers median income:$39,920
  • Female full-time, year round, workers median income:$29,957
  • Families below poverty level: 13.2%
  • Individuals below poverty level: 17.3%
  • Median Household Income: $41,994
  • Per capita Income: $21,587
  • Male full-time, year round, workers median income:$37,057
  • Female full-time, year round, workers median income:$27,194
  • Families below poverty level: 9.2%
  • Individuals below poverty level: 12.4%
Which of these groups of people is not served by Medicare

People who have lost their jobs are not served by Medicare.

What does a current contribution to Medicare in the form of employee Medicare taxes make free to eligible employees when they retire

Part A of Medicare that is hospital insurance.

Why is it important to have an understanding of the employee benefits that come with a particular job

This understanding will allow you to intelligently compare the total compensation packages of various job offers
This understanding will allow you to intelligently compare the total compensation packages of various job offers.

this understanding will allow you to intelligently compare the compensation packages of various job offers

By law employees must report to the government the tips they receive if the amount received in a month is equal to or greater than what amount

$20

What is the best reason for opening more than one savings account

you should separate money that you're saving

Which of the following is the best predictor of how much money you will make as an adult

How many years of education you have had.

What is a down payment

a portion of the purchase price that is paid as a condition of getting a loan. In other words, it is the first payment in installment buying.

Which of these is not a part of transportation expenses

rent

Which of these statements about the IRAs is false

IRA accounts are only available at banks

Which statements about medical plans is false

all medical plans are the same

Which statements about work schedule benefits is false

A+ sick leave is typically given to employees on a “use it or lose it” basis

What is the important reason for know the approximate difference between gross pay and net pay

The difference isn't approximate. Gross pay is how much in total you have been paid. Net pay is the amount of money you have left after spending it. So for example, Your Gross pay each year is $200,000 but after taxes, bills, fun, and luxuries your net pay is $12,000 a year.

What is about life insurance benefits is false

Employers normally require employees to pay a large portion of the cost of the life insurance benefit.

What Which of these statements about defined contribution retirement plans is false

Employees can withdraw money from defined contribution retirement plans befor the age of 59.5

What are some common examples of a defined contribution retirement plan

w-2

Which bank provides the highest interest rate on an RD

For 1 Year and 5 Years of recurring deposit account which bank offers best interest rate?

Related study guides

Algebra

16 cards

What happens to fish inhabiting water polluted by radioactive waste

How can you protect your environment for future generations

What is the energy from the sun called

Why is hydrogen so useful in spacecraft

➡️
See all cards
5.0
1 Review

Algebra

16 cards

What happens to fish inhabiting water polluted by radioactive waste

How can you protect your environment for future generations

What is the energy from the sun called

Why is hydrogen so useful in spacecraft

➡️
See all cards
No Reviews

What is ocean acidification

What is the energy from the sun called

Why is hydrogen so useful in spacecraft

What waste products come from power stations

➡️
See all cards
2.25
4 Reviews

What is the energy from the sun called

Why is hydrogen so useful in spacecraft

What feature is the result of a glacier carving out rock as it moves

What waste products come from power stations

➡️
See all cards
4.0
1 Review

Texas

11 cards

How old is Texas

Who is the mayor of Texas

Whats the population of Texas

How many states border Texas

➡️
See all cards
3.19
47 Reviews