All but Which of the Following Is a Provision of the Older

question 87

Multiple Choice

All but which of the following is a provision of the Older Workers Benefit Protection Act?

• A) Waiver documents signed by the employee must be clearly written.
• B) Employees are not allowed to revoke their decisions after signing the waiver.
• C) Provide the worker with something of value for taking early retirement.
• D) Give the employee 21 days to consider whether to sign the waiver.

---

Definitions:

Taxable

Subject to taxation by governmental authorities.

Economic Benefit

The advantage or gain received from resources or actions, typically measured in terms of monetary value.

Exempt

Income, property, or persons not subject to taxation under certain conditions or qualifications.

Itemized Deduction

Itemized Deduction involves listing individual tax deductions for which a taxpayer qualifies, as opposed to taking a standard deduction, to reduce taxable income.