Which of the following is true regarding 401(k) plans?

1. The employee takes on the market risk that the investment will underperform
2. It is better for employees who plan to change jobs
3. It is possible to borrow money from your account without penalty prior to age 591/2
4. All of the above are true

Which of the following is an advantage of using a trust for estate planning?

1. It avoids probate
2. It is considered part of the estate for tax purposes
3. It can be challenged
4. All of the above

How often must brokerages that hold securities for customers take a physical inventory (box count)?

1. Weekly
2. Monthly
3. Quarterly
4. Annually