Maggie works as a client support representative for a Fortune 500 company. As she reviews her 401(k) balance and investment options, she chooses to move her balance and future contributions into the top 4 performing funds for 2021. This is an example of the _____ bias.

• A. Illusion of control
• B. Hot hand fallacy
• C. Paradox of Choice
• D. Loss Aversion

Sequence of Returns Risk is:

• A. Risk faced by retirees in the order in which investments gain or lose value
• B. Risk that social and tax programs may change in the future
• C. Risk multiplier due to living to an advanced age
• D. Risk that goods and services will cost more in the future

With respect to long-term care needs, eating, bathing, and transferring are all examples of _______

• A. Policy exclusions
• B. Activities of Daily Living
• C. Conditions
• D. Symptoms