Which of the Following Benefits Is Most Likely to Positively

question 14

Multiple Choice

Which of the following benefits is most likely to positively affect your current financial situation?

• A) Retirement plan such as a 401(k)
• B) State-sponsored retirement plan
• C) Disability insurance
• D) Health insurance

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Definitions:

Continuing Resolutions

Temporary legislation passed by Congress to fund government operations and avoid government shutdowns when the annual budget bills have not been approved.

Federal Government Budget Process

The federal government budget process is a complex procedure through which government revenues and expenditures are planned, allocated, managed, and reviewed, involving both legislative and executive branches.

Federal Government Budget Process

The procedure by which the federal government of a country plans its expenditures and revenues for a specific fiscal year.

Entitlement Programs

Guaranteed benefits for those who qualify for government transfer programs such as Social Security and Medicare