Which of the Following Is NOT a Reason for Elderly

question 9

Multiple Choice

Which of the following is NOT a reason for elderly people who are widowed to cohabitate?

• A)They feel no need to formalize their union.
• B)Their two separate social security checks may be larger than one check when remarried.
• C)Social security checks would cease if they were to remarry.
• D)All of the answers are correct.

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Definitions:

Bonus Pool

A fund allocated for bonuses, typically based on company performance, and distributed to employees based on predetermined criteria.

Fixed Percentage

A specified, constant proportion or rate that does not change with variation in base quantities, often used in financial contexts like interests or commissions.

Deferred Profit-Sharing Plans

A type of profit-sharing plan where contributions are deferred and placed in a trust for the employee until a set time, often retirement.

Quasi Pension Plans

Programs that mimic traditional pension plans but typically offer more flexibility and are often funded by the employees, sometimes with employer contributions.