Social Security:

a) Will be the biggest block of your retirement income.

b) Invests S.S. tax receipts on behalf of the tax payers into income-generating assets

c) Is more an inter-generational Ponzi scheme, enforced by government controls and edicts, as opposed to an insurance program.

d) Segregates contributions by taxpayer into separate accounts so that each person can receive what that person has contributed into the system.

Probate court is preferred over a will

a) Because probate court is faster

b) Because probate court is less public

c) Because probate court is cheaper.

d) premise of the question is wrong. A will forces an estate into probate court.

Investing in a load fund is more expensive, but performance is usually better than no-load funds over the long term.

True

False