Employee pensions - Study guides, Class notes & Summaries

What is the Difference between earned income and unearned income? - ANSWERSEarned income is received for services performed. Examples are wages commissions, tips and generally farming and other business income . Taxable income other than that received for services performed. Unearned Income includes money received ro the investment of money or other property, such as interest, dividends, and royalties. It also includes pensions alimony, unemployment compensation and other income that is not earn...

What is the Difference between earned income and unearned income? : Earned income is received for services performed. Examples are wages commissions, tips and generally farming and other business income . Taxable income other than that received for services performed. Unearned Income includes money received ro the investment of money or other property, such as interest, dividends, and royalties. It also includes pensions alimony, unemployment compensation and other income that is not ...

What is the Difference between earned income and unearned income? - ️️Earned income is received for services performed. Examples are wages commissions, tips and generally farming and other business income . Taxable income other than that received for services performed. Unearned Income includes money received ro the investment of money or other property, such as interest, dividends, and royalties. It also includes pensions alimony, unemployment compensation and other income that is not earne...

HRB FINAL EXAM QUESTIONS AND ANSWERS ALL CORRECT What is the Difference between earned income and unearned income? - Answer- Earned income is received for services performed. Examples are wages commissions, tips and generally farming and other business income . Taxable income other than that received for services performed. Unearned Income includes money received ro the investment of money or other property, such as interest, dividends, and royalties. It also includes pensions alimony, unempl...

life insuranceLife Insurance - correct answer Life insurance policies provide protection against the financial problems associated with premature death. It is available on a group or individual basis. Individual insurance can be further classified into industrial insurance, ordinary insurance, and credit insurance. Life insurance companies, the insurers, provide any or all of the four classes of coverage. - correct answer Death: Life insurance or life assurance. Retirement: Endowments, annui...

Active listening - ANSWER Trying to understand what the others are saying and why, identify feelings. Pensions - ANSWER are funds paid to retired employees who paid into a pension fund while they were employed. Social Security - ANSWER -A federal program under the direction of the SS Administration. Designed to give retired or disabled individuals some source of income. -Benefits after paying into it as an employee. Medicare - ANSWER Federal Program that helps older ppl (65+) in payin...

H&R Block Income Tax Course Final Test || Complete Questions & Answers (Graded A+) H&R Block Income Tax Course Final Test || Complete Questions & Answers (Graded A+) Due Diligence - ANSWER - Requirements that tax professionals must follow when preparing income tax returns. Estimated Tax - ANSWER - The amount of tax a taxpayer expects to owe for the year after subtracting expected amounts withheld and certain refundable credits. Estimated Tax Voucher - ANSWER - A statement by an individ...

Communicating effectively with an older person as a caregiver. - Answer- -Remember that they often feel as though they are a burden to the caregiver. -Positive messages, show desire to help. -REMINISCING: Should be encouraged by caregivers. To talk about the past is an important part of the aging process. -it can remind them o their persona resources for dealing with choices, problems, and losses. -Confidence and Self-Esteem -If reminiscing stimulates negative memories, it should n...

Communicating effectively with an older person as a caregiver. - ANSWER -Remember that they often feel as though they are a burden to the caregiver. -Positive messages, show desire to help. -REMINISCING: Should be encouraged by caregivers. To talk about the past is an important part of the aging process. -it can remind them o their persona resources for dealing with choices, problems, and losses. -Confidence and Self-Esteem -If reminiscing stimulates negative memories, it should no...