10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. What tax planning recommendations would you make to the Reddings ? Estimate the adjusted gross income less itemized deductions for federal income tax for the Reddings for 2016 . Would it be benecial for the Reddings to obtain a signed release from Delores indicat - ing that she does not want withholding from payments made to her for child care ser- vices rendered? If Sarah left Woodridge Preparatory School today, what would be her vested retirement balance ? How would Sarah's benefits be affected if her retirement plan was considered top heavy ? If Sarah left Woodridge Preparatory School today, what are her options regarding the balance in her retirement plan ? If the Reddings had a portfolio with the following asset allocation for retirement ,what would be their expected return ? Aggressive stocks 10 % Growth stocks 10 \": S&P 500 Index 40 \"A Corporate bonds 30 \": Money market 10 \"xi; 100 \"A What is the weighted beta of the portfolio in Question 13? Does the asset allocation in Question 13 match the Reddings 'nancial objectives and risk tolerance ? On the basis of the portfolio in Question 13r how much ,in today's dollars ,would the Reddings need to fund their retirement '1 What is the approximate amount of life insurance that Benjamin needs to replace all of his income and raises during his work life expectancy assuming an investment rate of return equal to the rate of return associated with growth stocks ? Can the Reddings deduct the interest on the student loan for 2016 federal income tax purposes ? Discuss ways that Julie might use her life insurance policy to help meet the expenses associated with her terminal illness . Is a viatical agreement appropriate for her situation ? What was the maximum tax-deductible contribution Benjamin and Sarah could have made to traditional IRAs for 2016 ? Delores frequently interacfs with and watches over other children who are visiting the Reddings 'children in the Reddings 'home .Are Benjamin and Sarah adequately pro- tected against a possible liability exposure if Delores negligently injures one of those children