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QUESTION 10 All of these are arrangements you make during your lifetime for the administration and transfer of your worldly possessions and assets after your
QUESTION 10 All of these are arrangements you make during your lifetime for the administration and transfer of your worldly possessions and assets after your death except Probate A will Estate planning Trust QUESTION 11 For Social Security purposes, the full benefit retirement age is 67 for those born in 1960 or later True False QUESTION 12 Social Security is funded via the federal income tax True False QUESTION 13 When estimating your retirement savings goal in today's dollars, the amount saved must be higher to adjust for inflation True False QUESTION 14 Sally put $4,000 in her traditional IRA this yearif Sally is in the 25 percent marginal tax bracket, the government actually contributed of that amount for her. $1,000 $3,000 $0 $4,000
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