CYAF 222 Ch 17 Questions with Verified Correct
Answers
A retirement plan that is self-directed means that the employee decides.
Both b and c
How much the employee will contribute to the plan.
How much the employer will contribute to the plan.
You can set up an IRA by
a.) Any of these.
b.) Rolling over a distribution received from a qualified employer-sponsored plan.
c.) Rolling over from another IRA.
d.) Making annual contributions.
a.) Any of these
Performing a large number of calculations on the possible returns from a mix of
combinations of investments in an overall portfolio is called.
Monte Carlo analysis.
, Which of the following statements about survivor's and disability benefits under defined-
benefit plans is false?
Disability and survivor's benefits are typically the same amount as retirement benefits.
In order to avoid income tax withholding and an early withdrawal penalty when moving
retirement funds from one account to another you must
make a trustee-to-trustee rollover.
In a tax-sheltered retirement plan which of the following is always true?
The funds in the plan grow tax-free until withdrawn.
What percentage of people age 65-69 are still working.
30
The goal of ____ is to identify the investor's acceptable level of risk tolerance and then find
an optimal portfolio of assets that will have the highest expected returns for that level of
risk.
Monte Carlo analysis
In which of the following is the retirement plan contribution for the employee dependent on
the financial success of the employer?
Profit-sharing
The best way to get an estimate of future Social Security benefits is to
order your Social Security Estimate on-line from the Social Security Administration.
Answers
A retirement plan that is self-directed means that the employee decides.
Both b and c
How much the employee will contribute to the plan.
How much the employer will contribute to the plan.
You can set up an IRA by
a.) Any of these.
b.) Rolling over a distribution received from a qualified employer-sponsored plan.
c.) Rolling over from another IRA.
d.) Making annual contributions.
a.) Any of these
Performing a large number of calculations on the possible returns from a mix of
combinations of investments in an overall portfolio is called.
Monte Carlo analysis.
, Which of the following statements about survivor's and disability benefits under defined-
benefit plans is false?
Disability and survivor's benefits are typically the same amount as retirement benefits.
In order to avoid income tax withholding and an early withdrawal penalty when moving
retirement funds from one account to another you must
make a trustee-to-trustee rollover.
In a tax-sheltered retirement plan which of the following is always true?
The funds in the plan grow tax-free until withdrawn.
What percentage of people age 65-69 are still working.
30
The goal of ____ is to identify the investor's acceptable level of risk tolerance and then find
an optimal portfolio of assets that will have the highest expected returns for that level of
risk.
Monte Carlo analysis
In which of the following is the retirement plan contribution for the employee dependent on
the financial success of the employer?
Profit-sharing
The best way to get an estimate of future Social Security benefits is to
order your Social Security Estimate on-line from the Social Security Administration.
