Personal Finance-Chapter 15-Retirement

Personal Finance-Chapter 15-Retirement

10th - 12th Grade

16 Qs

quiz-placeholder

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Personal Finance-Chapter 15-Retirement

Personal Finance-Chapter 15-Retirement

Assessment

Quiz

Other

10th - 12th Grade

Medium

Created by

Ginny Kownurko

Used 125+ times

FREE Resource

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At retirement, many people find that their need for life insurance has diminished.
True
False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Earnings on tax-deferred accounts are taxed when withdrawn.
True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Heirs are people entitled to inherit property or assets.
True
False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Employee contributions to SEP plans are tax-deductible.
True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A reverse mortgage does not have to be repaid.
True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A 401(K) plan is available to government and not-for-profit employees.
True
False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Types of investment choices are different, depending on your age.
True
False

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