University of Central Florida GEB 3006
GEB 3006 FINAL Exam Prep Branded Financial Literacy
Guide Practice Questions Answers and Solutions
College Business Course Study Resource
Terms in this set (73)
Employer benefits can be worth up to ___ of 50%
your base salary
Generally the two main employer benefits Retirement Health Plans
with the highest value are:
The health plans that offers the most choice PPO
in doctors and has the highest cost
Which of the following health plans HMO
generally requires that you first see your
primary care physician and remain within a
restricted network of doctors?
Employees without a pension plan should 10-15%
try to save at least__of their salary
Fidelity Investments recommends that 10
individuals without pensions have about ___
times their salary at age 67 in order to have
a sufficient amount of money to retire.`
Fidelity Investments recommends that 1
individuals without pensions have about ___
times their salary at age 30 in order to
have a sufficient amount of money to
retire.
At what age will you become eligible for 65
Medicare?
At what age are you eligible for early Social 62 and the amount received is a discounted benefit compared
Security? to the full retirement benefit
Which health plan has a low cost but high HDHP
deductible?
The rules for flexible spending accounts the current year or lose unused savings.
generally require that employees use the
money within
, When you leave your job, you should always 401-K assets to a self directed rollover IRA.
rollover your
Between 1990 and 2010, the average US 5%
savings rate was around
GEB 3006 FINAL Exam Prep Branded Financial Literacy
Guide Practice Questions Answers and Solutions
College Business Course Study Resource
Terms in this set (73)
Employer benefits can be worth up to ___ of 50%
your base salary
Generally the two main employer benefits Retirement Health Plans
with the highest value are:
The health plans that offers the most choice PPO
in doctors and has the highest cost
Which of the following health plans HMO
generally requires that you first see your
primary care physician and remain within a
restricted network of doctors?
Employees without a pension plan should 10-15%
try to save at least__of their salary
Fidelity Investments recommends that 10
individuals without pensions have about ___
times their salary at age 67 in order to have
a sufficient amount of money to retire.`
Fidelity Investments recommends that 1
individuals without pensions have about ___
times their salary at age 30 in order to
have a sufficient amount of money to
retire.
At what age will you become eligible for 65
Medicare?
At what age are you eligible for early Social 62 and the amount received is a discounted benefit compared
Security? to the full retirement benefit
Which health plan has a low cost but high HDHP
deductible?
The rules for flexible spending accounts the current year or lose unused savings.
generally require that employees use the
money within
, When you leave your job, you should always 401-K assets to a self directed rollover IRA.
rollover your
Between 1990 and 2010, the average US 5%
savings rate was around
