Hey! Aspire! How Smart Are You On 403(B) And 457?
Choose or guess well. Prizes are at stake here folks. Take the quiz then stop by the Enrollments area on Wednesday afternoon after 2:30PM for popcorn and prizes. Stop by regardless of how well you do on the quiz, the popcorn is still hot and free for everyone! There is no career risk in taking the quiz. We won't share your results with anyone, including HR, unless you do so well you win prizes, in which case you'll be recognized with gifts. We want everyone to learn more about 403(b) and 457 at Aspire!
- 1.Aspire has been in the 403(b) business since:
- A.
1997
- B.
2002
- C.
2008
- D.
Longer than Steve Benson has been alive
- 2.403(b) and 401(k) both allow participants to contribute directly from their paycheck on a tax deferred basis.
- A.
True
- B.
False
- 3.The following employer is generally not allowed to offer their employees a 403(b) plan:
- A.
A public school district
- B.
A church
- C.
A 501(c)(3) not for profit entity
- D.
Your town or city's public library
- 4.Teachers and staff members have Aspire as one of their contracted retirement plan provider choices in approximately this many school districts across the USA.
- A.
450
- B.
2200
- C.
3500
- D.
12000
- 5.Aspire assists public school systems in the completion of tax related documents like the form 5500 because the schools don't have the fund or resources to complete the documents.
- A.
True
- B.
False
- 6.Aspire's 403(b) and 457 business contributes approximately the following percentage to Aspire's total earnings:
- A.
10%
- B.
22%
- C.
40%
- D.
75%
- 7.The one things I have always been wondering about 403(b) and 457 is...
- 8.The following Aspire associates have roles that specialize in 403(b) and/or 457 (check all that apply):
- A.
Amy Finley
- B.
Ted Embras
- C.
Laura Blackwell
- D.
Steve Benson
- 9.Aspire's standard annual record keeping fee for a participant using our program in public school k-12 is:
- A.
$5 plus 5 basis points on plan assets
- B.
$58 per year
- C.
$40 plus 15 basis points on plan assets
- D.
Whatever the advisor wants to charge their customer for record keeping
- 10.Reasons that advisors and participants love Aspire include:
- A.
Investment choice
- B.
Transparent and fair fees
- C.
The ability to access mutual funds and exchange traded funds
- D.
The gifts we send to them every month
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