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Tema [17]
2 years ago
12

Beneficiary election for a taxable account is ___________________ at account opening and it is formally called _________________

_____.
Business
1 answer:
andre [41]2 years ago
7 0

Beneficiary election for a taxable account isn't automatic; at account opening and it is formally called Transfer on Death Instructions

Who is an eligible designated beneficiary?

Any of the following individuals are considered an eligible designated beneficiary (EDB): a surviving spouse, a disabled or chronically ill individual, a private who is not more than 10 years younger than the IRA owner, or a toddler of the IRA owner who has not reached the age of majority.

Who you ought to never name as your beneficiary?

Minors, disabled people and, in certain cases, your estate or spouse. Avoid leaving assets to minors outright. If you do, a court will appoint someone to seem after the funds, a cumbersome and sometimes expensive process.

What happens if no beneficiary is known as on bank account?

If a bank account has no joint owner or designated beneficiary, it'll likely have to go through probate. The account funds will then be distributed—after all creditors of the estate are paid off—according to the terms of the desire .

Learn more about beneficiary account :

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What are Costco business perks?
borishaifa [10]

Answer:

There are several perks or troubles that Costco business faces.

Explanation:

The first of these perks is the intense competition from other large retailers like Walmart, Target, or Best Buy. While Costco does have a niche: it tends to sell higher quality poducts for a slightly higher price, the competition is nevertheless stiff because that niche does not apply for all product lines that are sold.

The second perk is also competition, from online retailers, especially Amazon, which is larger than any traditional retailer, but also from a myriad of smaller retailers that emerge constantly in the online market, since the internet provides very few barriers to entry for new competitors.

Finally, the third peak is consumer preferences, and that is because consumers are constantly changing their tastes and preferences, especially in developed countries like the U.S. This means that Costco has to constantly adapt to new product lines, and discard other lines.

3 0
3 years ago
Your first task is to set an advertising objective. remember, your key goals are to build brand preference for your product and
Kazeer [188]

Answer:

Persuasive Advertising

Explanation:

The goal of persuasive advertising is to convince customers that your product is better and different and that they should choose it over any other option. This is different than information advertising which focuses on informing customers not persuading them.

6 0
4 years ago
If the M1 multiplier is 3 and the Fed engages in open-market purchases in the amount of $3 billion, then monetary base will Grou
zavuch27 [327]

Answer:

A

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By definition, open-market operations change the monetary base.

In this exercise, the Fed engages in open-market purchases, which means that the Fed expands the amount of money in the banking system. Therefore the monetary base will increase by an amount equal to the amount of open-market purchases.

So monetary base will increase by $3 billion.

7 0
3 years ago
________ is one of the means of motivation and control of sales representatives in relationship-oriented cultures like Japan. Mu
uranmaximum [27]

Answer:

A group bonus system

Explanation:

In relationship-oriented cultures, group bonuses are very common, and they are not like the regular yearly bonuses given out at Christmas, specially in Japan. In Japan, there are two bonuses per year, one paid during mid-year and the other one at the end of the year. These bonuses can amount to 3-6 months worth of salary, but they are also paid to the whole group of workers. That means that either everyone in the team gets a bonus or no one does.

Relationship-oriented cultures are based upon the well being, motivation and satisfaction of the whole team.

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