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1 . Which of the following statements is accurate? Group of answer choices Kate, age 7 5 , is the 1 0 0 % owner
Which of the following statements is accurate? Group of answer choices Kate, age is the owner of a company and an active participant in k plan. Assuming she continues to work, she is not required to distribute from her k plan. Bill, age is an active participant in his employer's sponsored plan. He also has an IRA account. Bill is not required to distribute a required minimum distribution RMD from his IRA account just yet. Susan, who as an owner of a traditional IRA, had begun taking substantially equal periodic payments three years ago, is now age Susan is not required to take a distribution this year. Jamie, who is years old, owns a Roth IRA. Jamie is not required to take a required minimum distribution. Your client is and has decided to retire from his company after years of service. Which of the following income sources would be available to him to help with his retirement cash flow and expenses? Group of answer choices Social Security retiree benefits Medicare Onetime penaltyfree distribution from his IRA Recurring penaltyfree distributions from his employers k Tracy and Lee O'Brien, both age are nearing their retirement age goal of Both have enjoyed year careers with the same private employer. Currently they have a highdeductible health care policy that is bridged with a Health Savings Account. They are attempting to steer clear of any potential risks to their retirement plan. Both are in exceptional health. They each have a wellfunded k plan. If allocated with a equity, bond allocation, based on Monte Carlo analysis, the probabilities of success are greater than Their current k allocation model is composed of in stocks and in bonds. Both have pensions and Social Security benefits that will cover them for of their income needs. The remainder will come from invested assets. As their financial planner, you have been asked to provide additional advice to help them avoid potential hazards that could impact their retirement years. Select all of the salient points that you will address during your discussions with Tracy and Lee. Discuss longterm care policies. Discuss filling the gaps with health insurance before Medicare begins at age Consider reducing equity exposure to a to allocation. Consider allocating all assets to money markets and shortterm bonds. Maintain the current allocation model, as it has proven successful the last years for the O'Briens. Group of answer choices I, II I, II III I, II IV I, II V Mackool LLC has four partners who each have a share. As part of their succession plan, the partners have decided to enter into a buysell agreement. They have sat with their lawyer and insurance advisor. Upon leaving, how many life insurance policies will be required to complete a crosspurchase agreement? Group of answer choices
Which of the following statements is accurate?
Group of answer choices
Kate, age is the owner of a company and an active participant in k plan. Assuming she continues to work, she is not required to distribute from her k plan.
Bill, age is an active participant in his employer's sponsored plan. He also has an IRA account. Bill is not required to distribute a required minimum distribution RMD from his IRA account just yet.
Susan, who as an owner of a traditional IRA, had begun taking substantially equal periodic payments three years ago, is now age Susan is not required to take a distribution this year.
Jamie, who is years old, owns a Roth IRA. Jamie is not required to take a required minimum distribution.
Your client is and has decided to retire from his company after years of service. Which of the following income sources would be available to him to help with his retirement cash flow and expenses?
Group of answer choices
Social Security retiree benefits
Medicare
Onetime penaltyfree distribution from his IRA
Recurring penaltyfree distributions from his employers k
Tracy and Lee O'Brien, both age are nearing their retirement age goal of Both have enjoyed year careers with the same private employer.
Currently they have a highdeductible health care policy that is bridged with a Health Savings Account. They are attempting to steer clear of any potential risks to their retirement plan. Both are in exceptional health. They each have a wellfunded k plan. If allocated with a equity, bond allocation, based on Monte Carlo analysis, the probabilities of success are greater than Their current k allocation model is composed of in stocks and in bonds. Both have pensions and Social Security benefits that will cover them for of their income needs. The remainder will come from invested assets. As their financial planner, you have been asked to provide additional advice to help them avoid potential hazards that could impact their retirement years.
Select all of the salient points that you will address during your discussions with Tracy and Lee.
Discuss longterm care policies.
Discuss filling the gaps with health insurance before Medicare begins at age
Consider reducing equity exposure to a to allocation.
Consider allocating all assets to money markets and shortterm bonds.
Maintain the current allocation model, as it has proven successful the last years for the O'Briens.
Group of answer choices
I, II
I, II III
I, II IV
I, II V
Mackool LLC has four partners who each have a share. As part of their succession plan, the partners have decided to enter into a buysell agreement. They have sat with their lawyer and insurance advisor. Upon leaving, how many life insurance policies will be required to complete a crosspurchase agreement?
Group of answer choices
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