AMSPIRIT Quiz
Who is the Chairman of the Federal Reserve?
Jerome Powell
Janet Yellen
Nancy Pelosi
Justin Trudeau
What is the biggest brokerage firm in U.S?
Charles Schwab
Fidelity
LPL Financial
Fisher Investments
Which type of life insurance covers you for a specified period of time?
Universal
Variable
Indexed
Term
True or False: Mutual funds are considered safer than stocks
True
False
Which type of investment is linked to the stock market with buffers on gains and losses?
Variable life insurance
Exchange Traded Fund
Indexed Annuity
Term insurance
What type of retirement plan is used for Government employees? (Police, fire)
401(k)
SEP IRA
457
403(b)
What is the contribution limit for 401(k), 403(b) and 457 plans for people over the age of 50?
7,000
19,500
26,000
53,000
What is the average sales charge for a growth mutual fund in a brokerage account?
2.25%
5%
8%
1%
True or false: A normal fixed annuity is a 0 cost investment
True
False
What is the age for required minimum distributions from qualified plans?
59 1/2
70 1/2
80
72
Tie Breaker: How many advisors work for Equitable?
4,300
2,000
180
11,000
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