Ficep part - Study guides, Class notes & Summaries

FiCep Part 1 | 97 Questions and Answers with Complete Solutions | Updated

FICEP Part 2 Exam Questions and Answers

FICEP Part 2 Exam Questions And Answers 401k - ANS Plan A plan which allows employees to make tax-deferred contributions to retirement savings accounts. Many employers match these contributions at a specified ratio to help retirement savings build faster. Beneficiary - ANS The person or persons who are designated to receive the amount of the death benefit if the policyholder dies. Cafeteria Plan - ANS Tax-qualified flexible benefit plans that are offered by participating employe...

What are the housing market conditions that can indicate a real estate "bubble"? - ANSWERHousing values are rising faster than consumer income What five sources influence most consumers' financial practices? - ANSWERParents, Lenders, learned patterns, creditors, society/peers What is the best tactic for helping members who are in the "earn/spend/earn/spend" cycle? - ANSWEREach paycheck must be divided up for specific categories such as savings and debt What are the six steps of the...

FICEP Part 2 Correct Questions and Answers(RATED A) 401k - ANSWER Plan A plan which allows employees to make tax-deferred contributions to retirement savings accounts. Many employers match these contributions at a specified ratio to help retirement savings build faster. Beneficiary - ANSWER The person or persons who are designated to receive the amount of the death benefit if the policyholder dies. Cafeteria Plan - ANSWER Tax-qualified flexible benefit plans that are offered by particip...

FICEP Part 2 Exam Questions and Answers

FiCep Part 1 Exam Questions and Answers

What are the housing market conditions that can indicate a real estate "bubble"? - Answer Housing values are rising faster than consumer income What five sources influence most consumers' financial practices? - Answer Parents, Lenders, learned patterns, creditors, society/peers What is the best tactic for helping members who are in the "earn/spend/earn/spend" cycle? - Answer Each paycheck must be divided up for specific categories such as savings and debt What are the six ste...

FiCep Part 1 Test With All Solutions Correct!!

401k - ANSWER Plan A plan which allows employees to make tax-deferred contributions to retirement savings accounts. Many employers match these contributions at a specified ratio to help retirement savings build faster. Beneficiary - ANSWER The person or persons who are designated to receive the amount of the death benefit if the policyholder dies. Cafeteria Plan - ANSWER Tax-qualified flexible benefit plans that are offered by participating employers. It was created by the internal Revenue...