Personal Finance Final Review

Front

The ________ is the government body that enforces federal tax laws and collects the taxes.

Back

Internal Revenue Service (IRS)

Front

The deadline for filing your federal tax return each year is ________.

Back

April 15

Front

This is the person who would receive the financial benefits of life insurance

Back

Beneficiary

Front

Only type of Insurance that is required by law

Back

Auto Insurance

Front

The only type of life insurance that is considered an investment

Back

Whole or Cash Life

Front

This type of insurance covers the person's vehicle when YOU cause an accident

Back

Auto Liability Insurance

Front

When you cannot work for a small period of time, but plan on returning to work you would want

Back

Disability Insurance

Front

The amount of money you pay before your insurance will start to pay

Back

Deductible

Front

Type of investment with the least amount of risk

Back

Bonds

Front

A retirement plan found in a nonprofit organization such as churches, schools and hospitals

Back

403(b)