1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GREYUIT [131]
3 years ago
11

Identify the characteristics of a retirement plan. Select all that apply. Determine age of retirement. Determine when to change

goals. Determine a retirement income plan. Determine activities based on wants. Determine when to keep a new schedule.
Business
2 answers:
Naily [24]3 years ago
7 0

Answer:

The correct answers are letters "A" and "C": Determine age of retirement; Determine a retirement income plan.

Explanation:

Retirement plans are the different plans in which people pool money while they are part of the workforce and that is distributed after they retire. <em>The official </em>age <em>for retirement in the U.S. is 66 years and two months as of 2020.  </em>

<em> </em>

The most common retirement plans are the <em>401(k), Roth IRA, Roth 401(k), Simple IRA, </em>and <em>SEP IRA</em>. Some of them increase based on direct cuts from employees' paychecks while others allow direct deposits from workers. Some retirement plans allow individuals to use the money being pooled for investment in different instruments such as <em>mutual funds, bonds </em>or <em>stocks</em>.

salantis [7]3 years ago
3 0

Answer:

  • Determine age of retirement
  • Determine a retirement income plan
  • Determine activities based on wants

Explanation:

A retirement plan is a plan mapped out by an individual in order to help him or her get/determine a retirement income goal and such plan is characterized by the ability of the Retiree to determine age of retirement, determine a retirement income plan, determine activities based on wants .

A retirement plan with these characteristics is most likely to survive and achieve the retirement income goals. the retirement age is very necessary to note by the retiree because this will help him or her start planning on time. determining a retirement income plan means managing assets and investments properly in order to achieve the retirement goals. and also determining activities based on wants helps the retiree to cut down on certain activities and save more towards retirement.

You might be interested in
Michael's, Inc., just paid $2.60 to its shareholders as the annual dividend. Simultaneously, the company announced that future d
mixas84 [53]

Answer:

$65.37

Explanation:

Calculation for how much are you willing to pay today to purchase one share of the company's stock

Using this formula

P/0 = D0 ( 1 + g ) / R-g

Let plug in the formula

P/0 = $2.60 (1 + .056) / .098 - .056

P/0 = $2.60 (1 .056)/0.042

P/0=$2.7456/0.042

P/0=$65.37

Therefore how much are you willing to pay today to purchase one share of the company's stock will be $65.37

6 0
3 years ago
Given the following data: Average operating assets $ 504,000 Total liabilities $ 23,520 Sales $ 168,000 Contribution margin $ 85
kipiarov [429]

Answer:

9%

Explanation:

According to the given situation, the solution of return on investment is shown below:-

Return on investment = (Net operating income ÷ Average operating assets) × 100

now, we will put the values into the above formula

= ($45,360 ÷ $504,000) × 100

= 0.09 × 100

= 9%

Therefore for computing the return on investment we simply applied the above formula.

7 0
3 years ago
Cogswell cola purchased a machine for $237,500. The firm paid another $5,750 for delivery and installation. In addition the firm
Novay_Z [31]

Based on the cost of purchasing the machine and the delivery and installation fees, the initial outlay is $243,250

<h3>How much is the initial outlay?</h3>

This can be found as:

= Cost of purchasing machine + Installation and delivery cost

Solving gives:

= 237,500 + 5,750

= $243,250

Find out more on fixed asset capitalization at brainly.com/question/25355478

#SPJ1

3 0
2 years ago
A Registered Representative sold a deferred variable annuity to an unmarried 18 year old high school senior who had just inherit
vova2212 [387]

Answer:

c)

Explanation:

The costumer has no spouse or dependents.  This negates the value of the death benefit.  The founds has no liquid due to the surrender fees, and there is also 10% penalty on withdrawals before age 59.5

3 0
3 years ago
Which of the following is a correct statement about promoting energy conservation?
Paladinen [302]

Answer:

we need to know what the options are

Explanation:

4 0
3 years ago
Other questions:
  • Worker Corporation allocates its single support department to its operating departments based on the single rate method using ma
    15·1 answer
  • Choose an example of a company you could start, and decide which business structure would make the most sense for that type of c
    15·1 answer
  • Which of the following conditions might result in the best financial decisions?
    9·2 answers
  • When conducting qualitative analysis, you can use _______ to get basic information about your data. 
    14·2 answers
  • Content theories attempt to explain work behaviors based on __________.
    8·1 answer
  • First Fidelity Insurance received a call from Second Fifth Bank regarding Margaret Gessner, a former Fidelity employee. Gessner
    6·2 answers
  • A group of businesspeople meet in order to solve the problem of decreased sales of their company's products. One of them suggest
    7·1 answer
  • Many mining and mineral extraction processes tend to exhibit increasing returns to scale. Suppose copper mines have increasing r
    10·1 answer
  • Gears Inc., an automobile manufacturing firm, has hired an external agency to handle its employee compensation function so that
    8·2 answers
  • A company had common stock with a total par value of $18,000,000 and fair value of $62,000,000; and 7% preferred stock with a to
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!