All of the Following Are True Statements About Retirement EXCEPT

question 68

Multiple Choice

All of the following are true statements about retirement EXCEPT ________.

• A) employers face future labor shortages because older workers outnumber younger workers
• B) most employees who plan to work after 65 must do so for financial reasons
• C) most employees expect to continue working after normal retirement age
• D) most employees who plan to work after 65 want a part-time position
• E) many retirement age workers want to stay active through working

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Definitions:

Legal Title

Refers to the formal right of ownership over property, recognized and protected by law.

Intestacy Laws

State statutes that specify how property will be distributed when a person dies intestate.

State Statutes

Laws that have been enacted by the legislative bodies of state governments.

Property Distribution

The division of assets and properties among parties, often in the context of estate planning, divorce, or dissolution of partnership.