Annuity Plan Quiz
Authored by Waylon Sladick
Professional Development
Professional Development
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the hourly contribution rate for an Apprentice under the Heavy Highway Agreement?
$2.88
$5.75
$2.50
$2.25
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Tax penalty for withdrawal from the fund?
5%
10%
15%
33%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How long does it take to get vested in the Annuity plan?
1 year
5 years
1st hour
1st day
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the hourly contribution rate for a Journeyman under the Building Trades agreement?
$5.75
$4.25
$5.95
$4.75
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much of your Annuity balance are you allowed to withdraw for a hardship?
10%
20%
40%
50%
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the hourly contribution rate for a Journeyman under the Heavy Highway agreement?
$2.00
$2.25
$2.75
$3.00
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
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