Started: Jul 1 2020 2:33PM est - Time Limit: 75 Minutes.(20 Questions) Select your aniswer by...

 

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Started: Jul 1 2020 2:33PM est - Time Limit: 75 Minutes.(20 Questions) Select your aniswer by dlicking on the radio button that corresponds to the letter of your chaice. 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 miarked for review Submit Now - submits your answer choices for grading. Close - exits the exam. Gail meets with her insurance agent, Heli, to discuss her retirement and estate plan. Gail, who has been married to Pringle for many years, works for a large cable manufacturing firm called Ramphenol. Gal is a member of Ramphenoi's 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 13 plan. If Gail dies after she has retired, Pringle may be entitled to a reduced amount of the pension benefit that was paid to Gail. Od) If Gail dies before she has retired, the benefit will be paid to the named beneficiary and Pringle will not be entitlad to a benefit. Started: Jul 1 2020 2:33PM est - Time Limit: 75 Minutes.(20 Questions) Select your aniswer by dlicking on the radio button that corresponds to the letter of your chaice. 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 miarked for review Submit Now - submits your answer choices for grading. Close - exits the exam. Gail meets with her insurance agent, Heli, to discuss her retirement and estate plan. Gail, who has been married to Pringle for many years, works for a large cable manufacturing firm called Ramphenol. Gal is a member of Ramphenoi's 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 13 plan. If Gail dies after she has retired, Pringle may be entitled to a reduced amount of the pension benefit that was paid to Gail. Od) If Gail dies before she has retired, the benefit will be paid to the named beneficiary and Pringle will not be entitlad to a benefit.

Answer rating: 100% (QA)

First of all we have to understand the meaning of Defined Benefit Pension Plan A defined benefit pen... View the full answer