Chapter 36: Retirement and Wills
Chapter Overview: Ready to Learn?
The federal government administers social security, railroad pension, military pensions, and civil service pensions. Social security provides income to people when their regular income stops because of retirement, disability, or the death of someone who had provided them with income. A pension plan is a retirement plan that is funded in part by an employer. A will is a document that is signed during your lifetime that provides for the distribution of your property when you die. As you study this chapter, you will learn that although retirement and death seem along way away, it is important to begin preparing now for those events.
Legal Web Links: Need to Know More?
Surf the Internet for legal Web links.
A Web site sponsored by Quicken featuring retirement planning guides and tools.
Links to links to wills of famous & historical figures, including Onassis, Nixon, Lennon, Presley, Garcia, and Disney.
Self-Check Quizzes:Test Tomorrow?
Test your knowledge of chapter material with a self-check quiz.
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