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ff your child gets a scholarship, the rest of 529 account can be either cashed out or giv

en to another sibling or relative.

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更多“ff your child gets a scholarsh…”相关的问题
第1题
听力原文:Were you the first or the last child in your family? Or were you a middle or an o

听力原文: Were you the first or the last child in your family? Or were you a middle or an only child? Some people think it matters where you were born in your family. But there are different ideas about what birth order means. Some people say that oldest children are smart and strong-willed. They are very likely to be successful (29) . The reason for this is simple. Parents have a lot of time for their first child; they give him or her a lot of attention. So this child is very likely to do well. An only child will succeed for the same reason. What happens to the other children in the family? Middle children don't get so much attention, so they don't feel that important (30) . If a family has many children, the middle one sometimes gets lost in the crowd. The youngest child, though, often gets special treatment. He or she is the baby. Often this child grows up to be funny and charming. Do you believe these ideas about birth order too? A recent study saw things quite differently. The study found that first children believed in family rules. They didn't take many chances in their lives. They usually followed orders. Rules didn't mean as much to later children in the family. They went out and followed their own ideas. They took chances and they often did better in life (31) .

(30)

A.They strongly believes in family rules.

B.They are very likely to succeed in life.

C.They tend to take responsibility for themselves.

D.They are in the habit of obeying their parents.

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第2题
根据以下内容回答下列各题 Save for College [ A ] In this article, well look at the rules f
or 529 Qualified State Tuition Plans. Well explore the difference between this savings vehicle and some of the other traditional education savings methods and see why this plan is the best yet ! The cost of college [ B ] You may never have thought you could get excited about big sums of money you wont be spending on yourseff until you read about this new college savings plan. The 529 plan offers the most painless way to save money for higher education to date. And ff the child decides not to go to college, you can roll it over to someone else that does want to go, including yourself! The 529 Plan is a savings plan for college education. You have a couple of options when you open an account. * One option lets you prepay tuition at a qualified educational institution at todays tuition rates. * Another option lets you save money in a tax deferred account (earnings only) to be used to pay for education at future tuition rates. [ C ] The idea, with either option, is that the investment earnings will grow to meet the higher costs of future education. The savings account option is typically considered the more attractive of the two and is what we will focus on in this article. The 529 plan is a state sponsored investment program. That is, the state sets up the plan with an asset management company of its choice, and you open a 529 account with that asset management company according to the states predetermined plan features. You are the owner of the account, and the child for whom the account is set up is the beneficiary (收益人). You wont deal directly with the state, but rather with the asset management/investment company. State-to-state variations [ D ] Because each state can control some of the features of its own plan, there are variations from state to state. Most plans follow the same general scheme (and federal requirements), but make sure you compare plans among states other than your own. Most states dont require residency in order to participate, so shop around different states for the best deal. The benefits: tax treatment [ E ] All of the accounts earnings are exempt from federal tax when they are withdrawn if they are used for qualified education expenses. This means that, unlike the taxes you have to pay on earnings from regular stock investments, you wont pay any tax on the 529 account earnings unless you end up using the money for something other than higher education. Earnings are currently tax deferred in most states, as well. [ F ] A break on the earnings tax isnt the only tax advantage, either. Although your contributions arent pre-tax (you pay state and federal tax on the money you put into the account), there are some states that let you deduct a portion of your contributions from your state taxes. More states will probably follow suit in the coming years. The benefits: account control [ G ] Unlike Education Savings Accounts (ESA., the account owner always has control of the money.This helps lessen that parental anxiety that the juniorwill take the money and tour Europe or buy a Porsche instead of going to college. There are no restrictions on who can open an account for whom.You can open an account for your child, a friends child, a relative, the paper boy, or even yourself. The benefits: income eligibility [H] Did you know that with an ESA, you arent eligible to contribute if you make more than $ ll0,0OO per year ($ 220,000 for married couples)? Unlike ESA, your income does not affect your eligibility to open a 529 account. Contributions to 529 plans also qualify for the $11,000 ($ 22,000 for married couples in 2002 ) annual gift tax exclusion. You can also contribute up to five years of gifts during the first year, meaning you can put in up to $55,000 ($110,000 for married couples). This is a great benefit in situations where inheritance money enters the picture. Your account can grow up to $ 268,000 in some states. You can contribute as little as $ 25 to $ 50 per month. The benefits: how the money can be used [ I ] In most states, there is no age limit or time limit for when the money has to be used. Your child can put off college indefinitely, in which case you have the option of rolling the account over to another child as long as that child is in the same family of the first beneficiary. In case youre wondering just who is considered "family", the plan defines family members as "the original beneficiarys spouse,children, sisters, brothers, nephews, nieces, first cousins, and any spouses of those persons. " [ J ] Your child can go to any accredited (官方认可的) degree granting educational institution, whether it is public, private, two-year, or four:year. There are even some international schools that qualify. In most states, qualified education costs include tuition, books, room, board, transportation, and even computers. In the event that your child gets a scholarship, then the remainder of the 529 account can be rolled over to another sibling (or relative), or it can be cashed out with no penalty other than the tax paid (at your rate) on the earnings. The same rule applies in the event of the childs death or disability. The benefits: investment control [ K] If the thought of turning over your hard earned money to the state makes you a little uneasy, rest assured that the state doesnt control your money. In fact, most states are signing on with well known, successful investment companies such as TIAA CREF, Vanguard and Fidelity. The number and types of investment options vary by state, and once you select your option you cant change it.You can, however, roll your money over into another states plan if youre not happy with your chosen investment option. There is no penalty to roll the money over into another states plan, and you can do it once every 12 months. Most states have no residence requirement for their 529 plans. [ L ] Many plans are also offering investment choices that are age-based. This means that if youre starting early, perhaps when your child is age one to three, the investments can begin aggressively in stocks then gradually shift to bonds and money market accounts as your child gets closer to college age.Some state plans offer several levels of options for aggressive, moderate and conservative investments. [ M] If you cant reach the risk level you want in one plan, you can always open a second 529 account in the same or another state. You can have as many accounts as you want and can also contribute to both a 529 plan and an ESA. That way, you can diversify your investments in the event that the plan doesnt offer the investment mix you would like. If a child fail to use the 529 plan savings for college, the money can be transferred to another child in the family.

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第3题
听力原文:Were you the first or the last child in you family? Or were you a middle or an on

听力原文: Were you the first or the last child in you family? Or were you a middle or an only child? Some people think it matters where you were born in your family. But there are different ideas about what birth order means. Some people say that oldest children are smart and strongwilled. They are very likely to be successful. The reason for this is simple: parents have a lot of time for their first child. They give him or her a lot of attention. So this child is likely to do well. An only child will succeed for the same reason. What happens to the other children in the family? Middle children don't get so much attention, so they don't feel that important. If a family has many children, the middle one sometimes gets lost in the crowd. The youngest child, though, often gets special treatment. He or she is the baby. Often this child grows up to be funny and charming. Do you believe this idea of birth order too? A recent study saw things quite differently. The study found that first children believed in family rules. They didn't take many chances in their lives. They usually followed orders. Rules didn't mean as much to later children in the family. They went out and followed their own ideas. They took chances and they often did better in life.

(26)

A.They strongly believe in family rules.

B.They are very likely to succeed in life.

C.They tend to take responsibility for themselves.

D.They are in the habit of obeying their parents.

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第4题
An allowance can be _______ your child's age, your own financial resources, the ex
penses it will cover and the goals you and your child wish to accomplish.

A、looked down on

B、based on

C、backed off

D、resorted to

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第5题

I think it quite essential that your child () a foreign language at school.

A.must learn

B.learns

C.learned

D.learn

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第6题
It fascinates me to observe the way in __ (31)___ children so often react against thei
It fascinates me to observe the way in __ (31)___ children so often react against thei

r parents’ ideas, while at the same time _ _(32)___ their parents’ characteristics.That is to say, the children grow up to _ _(33)___ different views from their parents’, yet to have ___(34)___ personalities.There is a __ _(35)____ going on in the toy world at present over whether children should be ___(36)___ to have war toys.I don’t believe in encouraging war toys, but I do not see any ___(37)___ in forbidding them when I think of the __ (38)___ of my friend Harry.Harry is the __ (39)___ of strict parents who were totally opposed to war.He was never allowed toy soldiers __ (40)___ a boy, never allowed toy guns.Harry grew up and went into the army, becoming a first-class soldier and ___(41)___ all sorts of military honors in a rather fierce unit.He became the opposite in __ (42)___ way of what his parents might have expected __ (43)___ their son.And yet there is a gentleness about Harry which shows a ___(44)____ personality.There is a sympathetic element about the man which I can see __ (45)____ have come from his family.In ___(46)___ of doing things differently from our parents, a lot of the spirits gets passed on.Parents in all conscience have to __(47)___ their children what they believe to be right; but it is not so much your ideas that the children _ (48)___ as your example.Perhaps the best __ (49)__ to teach one’s child gentleness is not to forbid toy guns, but to be gentle in one’s __ (50)___ every day life.

31.A.what

B.it

C.which

D.that

32.A.holding

B.attaining

C.carrying

D.keeping

33.A.give

B.have

C.get

D.grow

34.A.similar

B.identical

C.common

D.ordinary

35.A.fighting

B.struggle

C.war

D.quarrel

36.A.dismissed

B.encouraged

C.misled

D.ventured

37.A.stain

B.spot

C.point

D.dot

38.A.experience

B.advantage

C.expense

D.adventure

39.A.niece

B.son

C.nephew

D.daughter

40.A.when

B.for

C.while

D.as

41.A.winning

B.won

C.having won

D.did win

42.A.each

B.single

C.individual

D.every

43.A.on

B.at

C.from

D.against

44.A.calm

B.quiet

C.silent

D.serene

45.A.must

B.need

C.want

D.long

46.A.case

B.spite

C.situation

D.occasion

47.A.put

B.place

C.teach

D.give

48.A.follow

B.trace

C.watch

D.expect

49.A.means

B.route

C.method

D.way

50.A.own

B.individual

C.private

D.public

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第7题
Slash Your Bills — 6 Ways to Keep More CashLike a lot of hardworking couples, Ilah and Den

Slash Your Bills — 6 Ways to Keep More Cash

Like a lot of hardworking couples, Ilah and Dennis Hardesty of Long Beach, California, live paycheck to paycheck. Their $1,200 monthly rent eats up about half of Dennis's take-home pay as a manager for a racing car engine manufacturer. Private school tuition for their three teens takes another $400 bite. Income from Ilah's two part-time jobs — as a fitness trainer and school secretary—disappears at the gas station and the grocery store.

The bottom line? Even with no car payments and just $300 in credit card debt, the family barely gets by. "We don't have a penny in savings", says Ilah. "No, I actually do have one cent in my account".

With inflation outpacing wage growth in recent years, it's not hard to find families like the Hardestys running out of money before they run out of month. According to the nonpartisan (无党派的) Economic Policy Institute, which studies lower-and middle-class economic trends, the median hourly wage of an American worker after inflation is less today than in 2003. The result is less buying power after the bills are paid.

These days, inflation is hovering around three percent, so anyone who remembers the double-digit price spikes of the 1970s might wonder what all the fuss is about. But even moderate inflation takes its toll, says personal finance expert Jonathan Pond, author of You Can Do It! The Boomer's Guide to a Great Retirement. In fact, annual inflation of just three percent doubles the cost of living every 23 or 24 years. Meanwhile, some essential expenses — energy, health care, higher education — are far outpacing the inflation index. No wonder families are feeling pinched.

Pinched doesn't have to mean powerless, though. Here, then, are six ways to save money on the big bills.

Education Options

Here's a pop quiz: Who's turned out move current CEOs of S&P 500 corporations — Harvard or the University of Wisconsin? Pencils up: They're running neck and neck, according to a recent study by Spencer Stuart, an executive recruiting firm. The study reinforces what should be common sense: There's no direct correlation between where a child goes to undergraduate school and later success. In fact, the pricey Ivies trained only ten percent of those CEOs.

So if your family's budget favors State College over Snooty U., don't sweat it. Kids who are motivated will succeed, no matter the color of their cap and gown. Look for quality institutions in your area. Consider a local four-year college and save on mom and board.

Or opt for a community college the first two years (tuition is bargain-basement), then finish up at a state school or private university. Don't forget: Once your child moves on to, say, Tufts, he will get a Tufts diploma.

Financial planners also suggest that parents give priority to their own retirement savings over c ollege funds, since there are no loans, grants or scholarships for surviving your senior years.

Taking Care of Health Care

Like education; health care costs have been outpacing inflation, which is one reason why employers are shifting more of the insurance burden to individuals. To control the expense, many people are opting for higher deductibles and lower monthly premiums. What's more, says Pond, "four-fifths of Americans enjoy pretty darn (非常) good health and could be safe choosing a policy with fewer bells and whistles. If no one in your family uses expensive pharmaceuticals, why pay for a high-priced drug benefit?"

But what happens if you suddenly need a costly long-term drug? Many policies allow you to upgrade to a plan with better benefits, after a six-month waiting period. You might also check out WalMart. The company recently started a program in 27 states to fill 30-day generic prescriptions for just $4 each. Nearly 300 drugs are covered. Among them are cloni

A.Y

B.N

C.NG

点击查看答案
第8题
Slash Your Bills-- 6 Ways to Keep More CashLike a lot of hardworking couples, Ilah and Den

Slash Your Bills-- 6 Ways to Keep More Cash

Like a lot of hardworking couples, Ilah and Dennis Hardesty of Long Beach, California, live paycheck to paycheck. Their $1,200 monthly rent eats up about half of Dennis's take-home pay as a manager for a racing car engine manufacturer. Private school tuition for their three teens takes another$400 bite. Income from Ilah's two part-time jobs-- as a fitness trainer and school secretary-- disappears at the gas station and the grocery store.

The bottom line? Even with no car payments and just $ 300 in credit card debt, the family barely gets by. "We don't have a penny in savings", says Ilah. "No, I actually do have one cent in my ac-count".

With inflation outpacing wage growth in recent years, it's not hard to find families like the Hardestys running out of money before they run out of month. According to the nonpartisan (无党派的) Economic Policy Institute, which studies lower-and middle-class economic trends, the median hourly wage of an American worker after inflation is less today than in 2003. The result is less buying power after the bills are paid.

These days, inflation is hovering around three percent, so anyone who remembers the double-digit price spikes of the 1970s might wonder what all the fuss is about. But even moderate inflation rakes its toll, says personal finance expert Jonathan Pond, author of You Can Do It! The Boomer's Guide to a Great Retirement. In fact, annual inflation of just three percent doubles the cost of living every 23 or 24 years. Meanwhile, some essential expenses-- energy, health care, higher education-- are far outpacing the inflation index. No wonder families are feeling pinched.

Pinched doesn't have to mean powerless, though. Here, then, are six ways to save money on the big bills.

Education Options

Here's a pop quiz: Who's turned out more current CEOs of S&P 500 corporations-- Harvard or the University of Wisconsin? Pencils up: They're running neck and neck, according to a recent study by Spencer Stuart, an executive recruiting firm. The study reinforces what should be common sense: There's no direct correlation between where a child goes to undergraduate school and later success. In fact, the pricey Ivies trained only ten percent of those CEOs.

So if your family's budget favors State College over Snooty U., don't sweat it. Kids who are motivated will succeed, no matter the color of their cap and gown. Look for quality institutions in your area. Consider a local four-year college and save on room and board.

Or opt for a community college the first two years (tuition is bargain-basement), then finish up at a state school or private university. Don't forget: Once your child moves on to, say, Tufts, he will get a Tufts diploma.

Financial planners also suggest that parents give priority to their own retirement savings over college funds, since there are no loans, grants or scholarships for surviving your senior years.

Taking Care of Health Care

Like education, health care costs have been outpacing inflation, which is one reason why employers are shifting more of the insurance burden to individuals. To control the expense, many people are opting for higher deductibles and lower monthly premiums. What's more, says Pond, "four-fifths of Americans enjoy pretty darn (非常) good health and could be safe choosing a policy with fewer bells and whistles. If no one in your family uses expensive pharmaceuticals, why pay for a high-priced drug benefit?"

But what happens if you suddenly need a costly long-term drug? Many policies allow you to upgrade to a plan with better benefits, after a six-month waiting period. You might also check out Wal-Mart. The company recently started a program in 27 states to fill 30-day generic prescriptions for just$4 each. Nearly 300 drugs are covered. Among them are c

A.Y

B.N

C.NG

点击查看答案
第9题
More than three-quarters of the children we interviewed said they're sometimes afraid to b
e home alone. If you decide your child is【C1】______enough to be home alone before or【C2】______school, you should make sure your house is【C3】______and teach your child to【C4】______various situations.

Make a game of your instructions. Have your child answer questions beginning with "What would you do if" and ending with phrases like "you lost your key"【C5】______"someone you don't know comes【C6】______the door."

The best home security is【C7】______. Every home should have smoke detectors, but consider also installing a burglar-alarm system. Leaving a radio【C8】______during the day makes a home sound【C9】______. Besides, as one child said, "It's horrifying walking into a quiet house." Don't leave an extra key in obvious hiding places, such as under the doormat.【C10】______it with a neighbor instead.

【C11】______your child is home alone, the phone is a vital【C12】______. A parent or designated(指定的)adult should always be available by【C13】______. Children should know where to find【C14】______numbers, and how to【C15】______the phone and take a message without letting an unknown caller【C16】______no one else is home. You might【C17】______a telephone-answering machine. Your child【C18】______then be able to pick up the receiver only when he heard a【C19】______voice. If you help your child understand the precautions you've taken, he will feel more【C20】______about staying home.

【C1】

A.mature

B.brave

C.old

D.strong

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第10题
If you disagree with the way your ex-spouse ______, you can ask the court to decide the be
st interests of the child regarding such issues as religious instruction or medical care.

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