1. Income from a part-time job _________________________________

2. The balance in your savings account ____________________________________

3. The interest earned on your savings account ___________________________________

4. Depositing money into your qualified IRA is a good way to cut your tax bill for this year.

5. No matter how much money you make it is always a good idea to itemize when you file your taxes.

6. If your car is damaged when it is sitting outside a garage during a hail storm you won’t collect anything from your auto insurance unless someone is personally injured.

7. The bank that holds the loan on your home will require you to have homeowners insurance so you must figure the cost of that insurance into your monthly housing cost.

8. Where is probably the best place to buy health insurance?

a) at your bank

b) over the internet

c) from the sale insurance agent where you buy your auto insurance

d) enroll in the group health insurance plan where you work and pay for it through payroll deduction

9. In the health insurance world what does PCP stand for?

a) Pre Certified Planning

b) Primary Care Physician

c) Proving Cost Pressure

d) Poor College Professor

10. Select the situation when the term life insurance provided through your place of work is enough life insurance.

a) when you are thinking about changing jobs

b) when you have small children and a spouse who does not work

c) when are not married, have no children and have no one else financially dependent upon you

d) when you are over age 50

Click here to download the handout for Taxes and Insurance