All of the Following Would Be Denied to Same-Sex Elderly

question 58

Multiple Choice

All of the following would be denied to same-sex elderly couples EXCEPT:

• A)Social Security survivor benefits
• B)spousal Social Security benefits
• C)Medicaid regulations to protect the couple's home and other assets when one enters a nursing home
• D)the right to decide on the type of funeral for a partner
• E)protection from 401(k)tax penalties

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Definitions:

Income Tax Rate

The portion of one's income that is handed over to the state as taxation.

Straight-Line Depreciation

A manner for allocating the expense of a material asset across its functional life in even yearly figures.

Renovation Cost

Expenses associated with upgrading or restoring the structure, functionality, or appearance of a property.

Initial Investments

Initial investments are the upfront sums spent to start a project, purchase assets, or establish a business.