1. In order to avoid penalties, a person who is not gainfully employed must typically start taking minimum distributions from traditional retirement accounts by age:
   1. 59
   2. 72
   3. 50
   4. 65
2. Redeeming your back-end load mutual fund shares might result in a charge called the:
   1. 12b-1 Fee
   2. Redemption Fee
   3. Usage Fee
   4. Management Fee
   5. Recordkeeping Fee
3. If you withdraw funds from a Traditional IRA before age 59 you will have to pay a ___ federal income tax penalty.
   1. 15%
   2. 20%
   3. 5%
   4. 10%
   5. 25%
4. Social security Benefits (Cash Benefits) are funded by:
   1. Voluntary Contributions from the government, employers, and self-employed people.
   2. Federal income taxes
   3. Compulsory contributions from employees, employers, and self-employed people.
   4. Charitable contributions from the federal government
   5. State and income taxes
5. A ____ gives the rights of survivorship to the other owner of a property.
   1. Tenancy in common
   2. Community property
   3. Grantor Property
   4. Joint Tenancy
   5. Tenancy by the beneficiary