Which of the following holds true for disability insurance plans?
A) They are purchased to replace lost income.
B) Benefits are employer focused.
C) Disability is expected to last for at least two years.
D) They are purchased in order to supplement income.
Correct Answer:
Verified
Q121: Roth 401k plans
A) force you to take
Q122: Long -term care insurance plans
A) do provide
Q123: Coverdell Education Savings Accounts
A) allow for deductible
Q124: TSAs and 403b plans
A) make contributions on
Q125: In a SEP (Simplified Employee Pension) plan,
A)
Q127: In the SIMPLE (Savings Incentive Match Plan
Q128: An irrevocable grantor trust that is established
Q129: Money purchase plans
A) mandate that the employer
Q130: Section 529 plans
A) include prepaid tuition plans
Q131: Keogh plans
A) usually are combinations of profit
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents