Finance FinalBy admin / August 24, 2019 Welcome to your Finance Final Final Exam. Click "Next" to continue. Which statement about a financial advisor/retirement planner is untrue? They are generally well-educated They will help clients plan for the future They do not work with government eployees They understand the importance of saving They offer financial advice None In most cases, a true retirement planner has a license with the state and complies with all regulations of the SEC. True False None Non-humanities college graduates earn, an average, ________% more over a lifetime than do non-college graduates. 200 300 400 500 None What is the primary difference between a 529 Plan and a 401(k)? A 401(k) is strictly for educational purposes and the 529 is not. A 401(k) is only for children and matures when the child is 18 years old. A 529 Plan is designated for educational purposes, whereas a 401(k) is a general investment account. Every employer offers a 401(k) and no employers offer the 529 Plan None Defaulted student loans drop off a credit report after two years. Please select your answer True False George, a debt counselor, tells you that he offers Veterans and other local heroes a discounted rate. What should you say to George? We can create a customized advertisement that proudly declares you offer local heroes a discount. Veterans generally do not get into debt, so you are wasting your time offering them discounts. It sounds like you've got everything taken care of. Good luck and thank you for your time. None You are talking to Sarah, a investment broker. She states that she doesn't know how GeoFencing could work for her. How could you respond? (Select all that apply) We can specifically target the demographics she wants to work with the most We can guarantee clicks and ensure that she will get calls. We will design a professional ad for her that will grab the attention of mobile users Which of the following are types of life insurance policies? (Select all that apply) Whole Life Partial Life Term Life Annuity Life Universal Life What is the title of the court that officially decides how a person's belongings are to be distributed after their death? Public court Civilian court Probate court Criminal court None Which option below is a good way to help you build a connection between our program and the services of a broker? Ask him or her if they have children and whether or not they want them to be successful later in life. Ask them if they work with mutual funds, then state that our many people are more likely to invest in a mutual fund than take chances directly on the stock market. Tell him or her that most people already have a retirement plan and are just looking for good life insurance. None Real Name Phone Name Unit Name Email Address Time's up
