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If a Person Has Funds from Sources Other Than Retirement

question 62

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If a person has funds from sources other than retirement assets when he or she retires, which retirement asset should be spent first?


Definitions:

Right-to-Work Laws

Legislation that secures the right of employees to decide whether or not to join or support a union.

Taft-Hartley Act

A U.S. federal law enacted in 1947 that restricts the activities and power of labor unions.

Sherman Antitrust Act

A landmark federal statute passed in the United States in 1890 aimed at preserving free competition by prohibiting monopolistic business practices.

Government Employee

An individual who works within the public sector, employed by government departments or agencies.

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