Universal life insurance is

	a deferred premium payment policy.
	primarily sold to college students.
	a combined investment plan and insurance policy.
	a provision for a secondary beneficiary.
	all of these.

At the same time as employers are cutting back on traditional pension plans, more are offering defined benefit plans.

	True
	False

Retirement plan portability is characterized by one's ability to move retirement plan investments from one investment to another investment while working for the company. TRUE OR FALSE