ACT requirement needed in order to qualify for MTAG
What is 15.
Is an arrangement between an individual (Consumer) and an insurer (Insurance Company) to protect the individual risk from automobiles
What is automobile insurance
The S in SMART goals
What is Specific
False
Combines property and liability insurance into one policy to protect a home from damage costs due to perils
All tax returns must be filed by what date?
April 15th
The R in SMART Goals
Realistic
Credit is when you can access only the available money in your account, otherwise, you may face potential fees.
False
the percentage of Americans have less than 6 months in their savings account.
What is 67%
Is a contract between an insurer and policyholder specifying a certain sum to be paid to a beneficiary upon the insured's death.
According to the constitution the purpose of taxes must be for what
The common defense and general welfare
The T in SMART Goals
Congress must fund entitlement programs
True
The amount of credit card debt for an average household in the US as of August 2025.
Protects the insured from loss of contents of the dwelling rather than the dwelling itself.
What is Renter's insurance
Progressive Tax, Regressive Tax, and Proportional Tax
The A in Smart goals
What is Attainable
Medicare is also paid for by the same program that Social Security is.
True
The 4 rules of staying out of poverty according to Dave Ramsey.
What is 1.) Graduate high school, 2.) get a full time job, 3.) don't get married until 21, 4.) don't have kids until your married
An insurance that provides protection against financial losses resulting from injury, illness, and disability
What is health insurance
Federal Insurance Contributions Act
Name each of the words in order for SMART goals
False