In 2008,the S&P 500 Index Had an Annual Decline of

question 12

Multiple Choice

In 2008,the S&P 500 index had an annual decline of

• A)68 percent.
• B)24 percent.
• C)46 percent.
• D)57 percent.
• E)37 percent.

---

Definitions:

HSA

A Health Savings Account, a tax-advantaged account used to save for medical expenses.

Health Insurance Premiums

The amounts paid for health insurance coverage, which may be tax-deductible under certain conditions.

AGI Deduction

Adjustments made to gross income for purposes of calculating taxable income.

Pre-Move House Hunting

Expenses incurred while searching for a new residence before relocating, which can sometimes be deductible for tax purposes.