Which of the following statements regarding planning for a job loss or job change is NOT correct?

a. In a poor labor market, it will take longer on average to find a replacement job than for asimilar job in a vibrant labor market.

b. A general rule of thumb is that clients should have an emergency fund equal to 3 to 6 monthsof nondiscretionary monthly cash flows.

c. Cash flow planning is of little importance when planning for a job change or job loss.

d. Health insurance becomes a major issue for the unemployed

Which of the following is correct regarding planning for non-traditional families?

a. Federal law requires that unmarried domestic partners be covered as dependents on apartner's employer-provided health insurance policy.

b. Unmarried couples who reside in the same household for the entire year may file a joint taxreturn.

c. Trusts, pay on death bank accounts (PODs), and transfer on death investments accounts(TODs), may be used as will substitutes since they are more difficult for upset familymembers to challenge than a will in probate court.

d. Retirement planning should be done for the unmarried couple together, rather thanindividually.