Annuity Plan Quiz

What is the hourly contribution rate for an Apprentice under the Heavy Highway Agreement?

• $2.88

• $5.75

• $2.50

• $2.25

What is the Tax penalty for withdrawal from the fund?

• 5%

• 10%

• 15%

• 33%

How long does it take to get vested in the Annuity plan?

• 1 year

• 5 years

• 1st hour

• 1st day

What is the hourly contribution rate for a Journeyman under the Building Trades agreement?

• $5.75

• $4.25

• $5.95

• $4.75

How much of your Annuity balance are you allowed to withdraw for a hardship?

• 10%

• 20%

• 40%

• 50%

What is the hourly contribution rate for a Journeyman under the Heavy Highway agreement?

• $2.00

• $2.25

• $2.75

• $3.00

Which of the following qualify as a hardship for withdrawal in the Annuity plan?

• Foreclosure of your primary residence

• Legal expenses

• Purchase of a new vehicle

• Spending Money

What is the hourly contribution rate for an Apprentice under the Building Trades agreement?

• $2.00

• $2.88

• $2.98

• $3.00

What is the minimum balance you must have in order to qualify for a hardship in the Annuity Plan?

• $500

• $1000

• $1500

• $2000

How long does it take to get vested in the Annuity plan?

• 1 day

• 1 hour

• 1 year

• 5 years