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Started: Jul 1 2o20 2:33PM est- Time Limit: 7s Minutes.(20 Questions) Select your answer by clicking on the radio button that corresponds to the letter of your choice You may check the box next to the question number to mark it for review. Prev-allows you to go back to the previous question. Next-saves your answer and allows you to go to the next question. View Summary - allows you to view your answer choices and those you rmarked for review Submit Now- submits your answer choices for grading. Elose- exits the exam. Gall meets with her insurance agent, Heli, to discuss her retirement and estate plan. Galil, who has been married to Pringle for many years, works for a large cable manufacturing firm called Ramphenol, Gail is a member of Ramphenots defined benefit pension plan. When Gail asks Heli what would happen to her pension benefit if she were to pass away, which of the following is the CORRECT response that Heli should provide to her? IF Gail dies after Pringle and she has a named beneficiary, an ongoing pension amount will be paid to her named beneficiary. If Gail dies after Pringle and she has no named beneficiary, the benefit will be distributed according to the rules of the Da) plan. If Gail dies after she has retired, Pringie may be entitled to a reduced anount of the pension benefit that was paid to Gail. If Gail dies before she has retired, the benefit will be paid to the named beneficiary and Pringle will not be entitied to a Od) benefit. Started: Jul 1 2o20 2:33PM est- Time Limit: 7s Minutes.(20 Questions) Select your answer by clicking on the radio button that corresponds to the letter of your choice You may check the box next to the question number to mark it for review. Prev-allows you to go back to the previous question. Next-saves your answer and allows you to go to the next question. View Summary - allows you to view your answer choices and those you rmarked for review Submit Now- submits your answer choices for grading. Elose- exits the exam. Gall meets with her insurance agent, Heli, to discuss her retirement and estate plan. Galil, who has been married to Pringle for many years, works for a large cable manufacturing firm called Ramphenol, Gail is a member of Ramphenots defined benefit pension plan. When Gail asks Heli what would happen to her pension benefit if she were to pass away, which of the following is the CORRECT response that Heli should provide to her? IF Gail dies after Pringle and she has a named beneficiary, an ongoing pension amount will be paid to her named beneficiary. If Gail dies after Pringle and she has no named beneficiary, the benefit will be distributed according to the rules of the Da) plan. If Gail dies after she has retired, Pringie may be entitled to a reduced anount of the pension benefit that was paid to Gail. If Gail dies before she has retired, the benefit will be paid to the named beneficiary and Pringle will not be entitied to a Od) benefit.
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Answer rating: 100% (QA)
Answer C Typically the living spouse is the beneficiary However what Pringl... View the full answer
Related Book For
Essentials of Business Communication
ISBN: 978-1111821227
9th edition
Authors: Mary Ellen Guffey, Dana Loewy
Posted Date:
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