subject
Business, 17.06.2021 17:30 Mintfu8122

Sam, age 35, and Kathy, age 33, are married and have a son, age 1. Sam is employed as an accountant and earns $60,000 annually. Kathy is an associate professor of finance at a large university and earns $120,000 annually. Both are currently and fully insured under the OASDI program. Assume you are financial planner who is asked to give them advice concerning OASDI and other social insurance programs. Answer each of the following questions based on the following situations. Treat each situation separately. a. Sam is killed instantly in an auto accident. Would Kathy and their son be eligible for receive OASDI survivor benefits?b. Kathy has laryngitis that damaged her vocal cords. e. Sa po As a result, she can no longer teach. She is offered a research position in the business research bureau of the university where she is employed. To what extent if any would Kathy be eligible to receive OASID disability benifits?c. A deranged student fired a pistol at Kathy because u- he her DI of ia- she gave him a grade of D+. As a result, Kathy was seriously injured and is expected to be off work for at least one year while she is recovering. To what extent, if any, would existing social insurance pro- grams in the United States provide income during the period of temporary disability? d. Sam would like to retire at age 62 and still work part-time as an accountant. He has been informed that the OASDI earnings test would be relevant in his case. Explain how the earnings test might affect his decision to work part-time after retirement. e. Sam resigned from his job to find a higher-paying position. Explain whether Sam could receive unem- ployment insurance benefits during the period of temporary unemployment before he finds a new job.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 03:10
Complete the sentences. upper a decrease in current income taxes the supply of loanable funds today because it a. decreases; increases disposable income, which decreases saving b. has no effect on; doesn't change expected future disposable income c. decreases; decreases expected future disposable income d. increases; increases disposable income, which encourages greater saving upper a decrease in expected future income a. increases the supply of loanable funds today because households with smaller expected future income will save more today b. has no effect on the supply of loanable funds c. decreases the supply of loanable funds because it decreases wealth d. decreases the supply of loanable funds today because households with smaller expected future income will save less today
Answers: 3
question
Business, 22.06.2019 09:40
You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.
Answers: 3
question
Business, 22.06.2019 11:10
The prebisch–singer hypothesis concludes that: a. technology lowers the cost of manufactured products, so developing countries should see an increase in their terms of trade. b. developing countries experience a long-run decline in their terms of trade, as the demand for primary products in higher-income countries declines relative to their demand for manufactured goods. c. because of unfair trading practices, labor in developing countries is exploited. d. opec has been responsible for a slowdown in the world's standard of living.
Answers: 3
question
Business, 22.06.2019 15:40
Brandt enterprises is considering a new project that has a cost of $1,000,000, and the cfo set up the following simple decision tree to show its three most likely scenarios. the firm could arrange with its work force and suppliers to cease operations at the end of year 1 should it choose to do so, but to obtain this abandonment option, it would have to make a payment to those parties. how much is the option to abandon worth to the firm?
Answers: 1
You know the right answer?
Sam, age 35, and Kathy, age 33, are married and have a son, age 1. Sam is employed as an accountant...
Questions
question
Mathematics, 28.11.2019 17:31
question
Mathematics, 28.11.2019 17:31
Questions on the website: 13722367