Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
9 Cards in this Set
- Front
- Back
|
Family Medical Leave act |
-Unpaid, job protected leave for family and medical reasons -12 wks birth of child, adoption of child, care for family member or themselves -26 wk leave during any 12 mo period to care for military personnel -CA CT MA NJ NY OR RI WA DC VAADVANCE |
|
|
Advance Medical Directive (AMD) 5 wishes |
-person to make healthcare decisions when you can’t -medical treatment you want and don’t want -how comfortable you want to be -how you want people to treat you -what you want your loved ones to know |
|
|
DOMA (Defense of marriage act) |
-‘96 definition of marriage is man and woman -‘13 US vs Windsor Supreme Court declared DOMA unconstitutional and marriage can be same sex or different |
|
|
To be claimed as a dependent…. 2 Tests (Support & Income) |
Support- more than 50% to dependent Income- $4400 (2022) |
|
|
4 ways property transfer at death |
Back (Definition) |
|
|
COBRA Insurance |
18 mo. to 36 months individual pays 100% of premium and a possible admin premium |
|
|
Unemployment benefits |
-file immediately after job loss -typically required to have worked for the last 52 weeks -must be physically and mentally able to work -disqualified if you quit, fired for conduct, involved in labor dispute, refuses to accept suitable work or receives income (dismissal or pension)- 1 week waiting period and last up to 26 weeks |
|
|
Receiving a windfall…taxed or not? |
-Lottery taxes are w/h - ordinary income -structured settlements are tax free (PI, wrongful death, work comp for sickness or injury) -Work Comp replaced lost wages are taxable |
|
|
Financial planning recommendations for Financial Windfall |
Back (Definition) |
