For Americans Who Experience a Divorce Sometime in Their 40s

question 141

Multiple Choice

For Americans who experience a divorce sometime in their 40s, 50s, and 60s, the most common cited reason for men is __________.

• A)"different values/lifestyles"
• B)"verbal or physical abuse"
• C)"infidelity"
• D)"fell out of love"

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Definitions:

Qualified Education Expenses

Expenses for education that qualify for tax benefits like deductions and credits, usually including tuition and fees.

Annuity Contract

A financial product sold by insurance companies that pays out income, and can be used as part of a retirement strategy to provide a steady income stream in later years.

Life Expectancy Tables

Charts used by the IRS to calculate required minimum distributions for retirement accounts.

Annual Contributions

Yearly monetary additions made to retirement savings plans, investment accounts, or other savings vehicles.