Question
QUESTION 26 The person(s) you choose as executor(s) of your estate will be responsible for a. paying your debts b. serving as guardians to your
QUESTION 26
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The person(s) you choose as executor(s) of your estate will be responsible for
a. paying your debts
b. serving as guardians to your children
c. distributing your remaining assets
d. a and c only
e. all of the above
QUESTION 29
Financial advisors may assist through all the following services EXCEPT
Tax Planning
Career Planning
Estate Planning
Investment Planning
QUESTION 30
Taxes withheld from your wages include
FICA and Medicare
Self-Employment Tax
Earned Income Credit
W-2s
Jake invested $800 in an IRA. If he has a 15% marginal tax rate and the contribution is tax deductible, Jake will
pay $120 more in taxes
pay $120 less in taxes
receive no change to his tax liability
have $800 less in adjusted gross income
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