The Weekly Quiz for Federal Employees and Annuitants (#32)

Take this week’s quiz on FFS FEHB plans, tax tips from Ed Zurndorfer, and USPS news!

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Created on November 14, 2022 By Benefits Ben

Quiz 32 for Federal Employees and Annuitants

This week’s quiz is on Fee-for-Service FEHB plans, news from the USPS, and tax planning for feds.

1 / 3

FFS (fee-for-service) FEHB plans with no PPO component typically have less paperwork than those with a PPO (preferred provider organization). True or False?

TRUE

FALSE

FALSE. No PPO typically means more paperwork with FFS plans. Read More Here.

2 / 3

For tips that help catch criminals tampering with blue collection bins, the US Postal Service has offered a reward of how much?

$1000

$5000

$10,000

$15,000

The answer is $10,000. Read More Here.

3 / 3

If you sold your house in 2022, up to how much of any monetary gain from the sale is excludable from your income taxes?

$250,000 for single filers / $500,000 for married filing jointly

$275,000 for single filers / $525,000 for married filing jointly

$275,000 – regardless of filing status

$275,000 for single filers / $500,000 for married filing jointly

The correct answer is $250,000 for single filers / $500,000 for married filing jointly. Read More Here. 

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The average score is 63%

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**Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we do not guarantee that the foregoing material is accurate or complete. Any opinions are those of Benjamin Derge and not necessarily those of RJFS or Raymond James. Links are being provided for information purposes only. Expressions of opinion are as of this date and are subject to change without notice. Raymond James is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors.

Quiz for Federal Employees