Can you help with these 20 true/false financial planning questions?

Retirement planning requires familiarity with asset allocation, employer retirement plans, and Medicare options. True False The first step in the retirement planning process is to establish clientplanner relationships. True False One of the most important steps in the retirement planning process is to monitor the plan for any deviations from expectations. True False As the size of the organization increases, the chance of having a defined benefit plan offered also increases. True False Retirement planning is useless if it doesn't start for clients at a relatively young age. True False Women are more likely to be caregivers than men, and thus they often forgo income to care for a loved one. True False Female clients can sometimes be marginalized in the financial planning process because they have a shorter life expectancy than their male counterparts. True False One roadblock to retirement planning is the tendency of many working people to use their full after tax income to support their current standard of living. True False From renter's insurance to longterm care, seniors often lack the insurance protection they need. True False Supplemental Security Income (SSI) is a benefit program administered by the Social Security Administration that pays monthly income to low income individuals who are 65 or older, blind, or disabled. True False Workers need at least 40 quarters of coverage to be fully insured and to qualify for retirement benefits. True False Social Security benefits for a retiree can begin as early as age 59 1/2. True False The spouse of a retired worker who is receiving retirement benefits may begin receiving spousal benefits before full retirement age, but the benefit that would otherwise be received at full retirement age is reduced by 5/9 of one percent for each month before full retirement age benefits begin. True False The highest 30 years of wage history is used to calculate AIME (factoring any adjustments). True False If a person continues working indefinitely beyond normal retirement age and elects to delay the start of Social Security benefits, those benefits will be increased by a percentage factor for whatever time he or she continued working and delayed the start of benefit payments. True False A certain taxpayer retires at age 62, but continues to work. They earn well above the earnings test threshold. Their benefits will be reduced by $1 for every $2 of earnings in excess of the earnings threshold and this reduction is permanent. True False A taxpayer, whose normal retirement age (NRA) is 66, decides to retire early at age 62. They will see a reduction in their monthly benefit of 25% relative to waiting until their NRA. However, this reduction will only last until they reach their NRA, at which time the reduction will be fully restored. True False Up to 85 percent of a person's Social Security benefits may be subject to federal income tax. True False A 62year old who has begun taking early Social Security benefits can later suspend benefits within 12 months of initiating benefits, repay what was received, and reset the clock in terms of their early benefit filing. True False One way to conceptualize the notion of deferring Social Security benefits is that the individual is \"investing\" their Social Security benefits at 8% annually until age 70. True False