2 Written Questions

1. Funded by FICA and includes survivor's benefits to family members of deceased workers, disability benefits, and medical and hospitalization benefits for the elderly (Medicare)
2. Funding for protecting plan participants, complex vesting requirements that determine when an employee's right to receive benefits becomes nonforfeitable

2 Multiple Choice Questions

1. Those who voluntarily quit, are fired for bad conduct, fail to actively seek suitable work, or refuse such work
   1. ERISA Requirements
   2. Exemptions of Unemployment Compensation
   3. Social Security
   4. Unemployment Compensation
2. Requires that managers diversify the plan's investments to minimize risk, impose record keeping, reporting, and disclosure of requirements, and has a provision guaranteeing employee participation (certain employees can't be denied).
   1. Exemptions of Unemployment Compensation
   2. Unemployment Compensation
   3. Social Security
   4. Employee Retirement Income Security Act (ERISA)

1 True/False Question

1. Unemployment Compensation → Those who voluntarily quit, are fired for bad conduct, fail to actively seek suitable work, or refuse such work

   True        False