Personal Finance Final Review

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

• United States Congress

• Bureau of Labor

• Commerce Department

• Internal Revenue Service (IRS)

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

• January 1

• March 15

• April 15

• December 15

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

• Beneficiary

• Co-signer

• Policy holder

• Jack N.

Only type of Insurance that is required by law

• Property Insurance

• Renter's Insurance

• Auto Insurance

• Life Insurance

The only type of life insurance that is considered an investment

• Term Life

• Whole or Cash Life

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

• Auto Liability Insurance

• Term Insurance

• Renter's Insurance

• Collateral Insurance

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

• Property Insurance

• Disability Insurance

• Life Insurance

• Auto Insurance

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

• Premium

• Policy Price

• Insurance Money

• Deductible

Type of investment with the least amount of risk

• Futures

• Annuities

• Bonds

• Single Stocks

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

• Roth IRA

• 403(b)

• 401(k)

• Annuity