In a Recent Issue of AARP the Magazine, a Print

question 49

Multiple Choice

In a recent issue of AARP The Magazine, a print ad for State Farm Insurance annuities advises readers that "The company has helped you enjoy your time with the kids and it can now help you enjoy your time without them." The ad is most likely targeted toward which generational cohort?

• A) echo-boomers
• B) Millennials
• C) Generation Yers
• D) baby boomers
• E) baby busters

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Definitions:

Defined-Benefit Pension Plans

Retirement plans where employee benefits are determined by a formula based on factors like salary history and duration of employment.

Governmental Rules

Regulations and directives established by government bodies that dictate the conduct of individuals, businesses, and other organizations within its jurisdiction.

Effective Benefits Program

A well-designed package of employee benefits that supports the overall well-being and financial security of the workforce, thereby enhancing job satisfaction and loyalty.

Defined-Contribution

A type of retirement plan where an employer, employee, or both make contributions, but future benefits depend on investment performance.