Reference no: EM13748783
PART I:
Directions: Using Microsoft® Word to save and submit your work, please provide detailed and elaborate responses to the following questions. Your responses should include examples from the reading assignments.
1. What are the key steps in retirement planning?
2. Why is retirement planning important?
3. What are the possible sources of income for retirees?
4. What is estate planning, and how does your personal situation affect that planning?
5. Explain what a will is and what occurs at your death if you do not have one.
6. What are some common reasons for setting up a trust?
7. What types of housing options are available to retirees?
8. What types of expenses might increase during retirement?
9. How can retirees avoid housing traps?
10. Explain the difference between a defined-contribution and defined-benefit plan.
11. Describe some of the most common retirement misconceptions and explain what you should do if you hold to any of those misconceptions.
12. What are the federal and state tax considerations in estate planning?
13. How do wills and trusts help in planning your estate?
PART II
Write a 2-3 page, double-spaced paper in 12 pt. font answering the following question. Please use APA format.
Using the Internet to Obtain Information about Wills. Visit Metropolitan Life Insurance Company's web page. Using this information, prepare a report on the following: (a) Who needs a will? (b) What are the elements of a will (naming a guardian, naming an executor, preparing a will, updating a will, estate taxes, where to keep your will, living will, and etc.)? (c) How is this report helpful in preparing your own will?
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White company sells merchandise on account
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Discuss how you envision the testing process
: Using the company for which you work or one in which you are interested, choose the conversion approach you would use if the company purchased a new AIS. Explain your choice, including the benefits. Discuss how you envision the testing process.
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Many businesses organize their departments into team
: Many businesses organize their departments into teams, to support one another and complete projects. Consider how these teams work together and what aspects of group communication need to be considered to have successful communication.
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Sales and receivables are entered at gross selling price
: On June 3, Arnold Company sold to Chester Company merchandise having a sale price of $5,700 with terms of 3/10, n/60, f.o.b. shipping point. An invoice totaling $99, terms n/30, was received by Chester on June 8 from John Booth Transport Service for ..
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Key steps in retirement planning
: 1. What are the key steps in retirement planning? 2. Why is retirement planning important?
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What is the annual margin for a customer
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How global distribution channel differ from domestic channel
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Performance management system
: What would you say and do to garner company-wide support for your performance management system?
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Operations improvement plan
: Based on the information you gathered in your process identification assignment in Unit 1, you selected a process to carry forward through the remainder of your Operations Improvement Plan (OIP) project. The process selected should lend itself to an ..
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