Terms in this set (153)
Single family home sales have increased since 2008, but
What is the best description of during the last year the moving average flattened out before
recent house price trends in resuming its climb.
Florida?
50%
Employer benefits can be
worth up to ___ of your base
salary.
Retirement and health plans
Generally the two main
employer benefits with the
highest value are:
You will lose the amount your employer contributed to the
plan plus the earnings, but you will retain your contributions
Assume you have a 401-K and the earnings thereon
plan and that your employer
requires you to stay five years
to "vest" in the plan. If you
leave the company in three
years then,
PPO
Which of the following health
plans offers the most choice in
doctors and has the highest
cost?
HMO
Which of the following health
plans generally requires that
you first see your primary
care physician and remain
within a restricted network of
doctors?
, Flexible spending and health savings accounts are shown as
reductions to your W-2 income, and thus save federal taxes
Which of the following is
TRUE?
-Flexible spending and health
savings accounts are shown as
reductions to your W-2
income, and thus save federal
taxes
-Unused flexible spending
account balances may be
carried forward to future years
-Health savings plan accounts
can only be used for a PPO
plan
-A health savings account
must be used each year
Disability insurance
After enrolling in your
primary health insurance plan,
which of the following is the
next MOST important
insurance that all employees
should sign up for during
open enrollment?
, $103,000
Assume the following:
Gross salary = $120,000
Employee contributions to
401-K = $12,000
Employer match to 401-K =
$5,000
Flexible spending account
savings = $2,000
Health insurance premiums
paid by employee = $3,000
Health insurance paid directly
by employer = $8,000
What is the W-2 taxable
income?
4.8%
An employer offers a 401-K
plan under the following
terms:
Employer will match 80% of
all contributions up to 6%.
If an employee saves 10% of
his/her salary, then the
employer will match ___ of
their salary.
10-15%
Employees without a pension
plan should try to save at least
_____ of their salary
(including employer 401-K
plan matches) throughout
their working careers.
Single family home sales have increased since 2008, but
What is the best description of during the last year the moving average flattened out before
recent house price trends in resuming its climb.
Florida?
50%
Employer benefits can be
worth up to ___ of your base
salary.
Retirement and health plans
Generally the two main
employer benefits with the
highest value are:
You will lose the amount your employer contributed to the
plan plus the earnings, but you will retain your contributions
Assume you have a 401-K and the earnings thereon
plan and that your employer
requires you to stay five years
to "vest" in the plan. If you
leave the company in three
years then,
PPO
Which of the following health
plans offers the most choice in
doctors and has the highest
cost?
HMO
Which of the following health
plans generally requires that
you first see your primary
care physician and remain
within a restricted network of
doctors?
, Flexible spending and health savings accounts are shown as
reductions to your W-2 income, and thus save federal taxes
Which of the following is
TRUE?
-Flexible spending and health
savings accounts are shown as
reductions to your W-2
income, and thus save federal
taxes
-Unused flexible spending
account balances may be
carried forward to future years
-Health savings plan accounts
can only be used for a PPO
plan
-A health savings account
must be used each year
Disability insurance
After enrolling in your
primary health insurance plan,
which of the following is the
next MOST important
insurance that all employees
should sign up for during
open enrollment?
, $103,000
Assume the following:
Gross salary = $120,000
Employee contributions to
401-K = $12,000
Employer match to 401-K =
$5,000
Flexible spending account
savings = $2,000
Health insurance premiums
paid by employee = $3,000
Health insurance paid directly
by employer = $8,000
What is the W-2 taxable
income?
4.8%
An employer offers a 401-K
plan under the following
terms:
Employer will match 80% of
all contributions up to 6%.
If an employee saves 10% of
his/her salary, then the
employer will match ___ of
their salary.
10-15%
Employees without a pension
plan should try to save at least
_____ of their salary
(including employer 401-K
plan matches) throughout
their working careers.
