military money millionaire ppt game

Military

Money

PowerPoint

Game

Question 1 for $100

Which factor affects a service member’s FICO credit score the most? Which factor affects a service member’s FICO credit score the most?

A. Payment HistoryA. Payment History

D. Applications for new creditD. Applications for new creditC. Length of Credit HistoryC. Length of Credit History

B. Credit Utilization RatioB. Credit Utilization Ratio

50:5050:50

Question 2 for $200

At what age can service members start making catch-up contributions to the Thrift Savings Plan (TSP)? At what age can service members start making catch-up contributions to the Thrift Savings Plan (TSP)?

A. 65A. 65 B. 60B. 60

C. 55C. 55 D. 50D. 50

50:5050:50

Question 3 for $300

What is the name of the detailed pay statement that service members receive?What is the name of the detailed pay statement that service members receive?

A. BAH A. BAH

D. PIDD. PIDC. TSPC. TSP

B. LESB. LES

50:5050:50

Question 4 for $500The maximum amount that a service member age 50+ can contribute to their TSP retirement plan in 2014 is the lesser of 100% of earned income or

The maximum amount that a service member age 50+ can contribute to their TSP retirement plan in 2014 is the lesser of 100% of earned income or

A. $18,000A. $18,000

D. $32,000D. $32,000C. $23,000C. $23,000

B. $21,000B. $21,000

50:5050:50

Question 5 for $1,000

Where is the best place for a service member to go to obtain a free credit report?Where is the best place for a service member to go to obtain a free credit report?

A. Local public library A. Local public library

D. Military base credit unionD. Military base credit unionC. www.freeannualcreditreport.comC. www.freeannualcreditreport.com

B. www.anualcreditreport.comB. www.anualcreditreport.com

50:5050:50


What two allowances do service members receive in addition to base pay?What two allowances do service members receive in addition to base pay?

A. BAH and BASA. BAH and BAS

D. FSA and TSPD. FSA and TSPC. LES and TSPC. LES and TSP

B. FSA and LESB. FSA and LES

50:5050:50

Question 7 for $4,000The acronym for the law that caps the rate of interest that can be charged on service members’ pre-enlistment loans is

The acronym for the law that caps the rate of interest that can be charged on service members’ pre-enlistment loans is

A. QDROA. QDRO

C. SCRAC. SCRA D. VGLID. VGLI

B. SGLIB. SGLI

50:5050:50


What program provides eligible survivors of military retirees with a monthly lifetime payment?What program provides eligible survivors of military retirees with a monthly lifetime payment?

A. Survivor Benefit Plan A. Survivor Benefit Plan

D. Qualified Spousal Pension Plan D. Qualified Spousal Pension Plan C. TSP Survivor Insurance PlanC. TSP Survivor Insurance Plan

B. Military OneSource Survivor PlanB. Military OneSource Survivor Plan

50:5050:50


What is the maximum interest rate that creditors can charge under the SCRA for debt that was incurred before active duty status?What is the maximum interest rate that creditors can charge under the SCRA for debt that was incurred before active duty status?

A. 4%A. 4%

D. 10%D. 10%C. 8%C. 8%

B. 6%B. 6%

50:5050:50


The number of available Thrift Savings Plan (TSP) lifecycle (L) funds isThe number of available Thrift Savings Plan (TSP) lifecycle (L) funds is

A. 2A. 2

D. 5D. 5C. 4C. 4

B. 3B. 3

50:5050:50


The length of time that SGLI coverage is in effect after a service member leaves active duty status isThe length of time that SGLI coverage is in effect after a service member leaves active duty status is

A. 60 daysA. 60 days

D. 180 daysD. 180 daysC. 120 daysC. 120 days

B. 90 daysB. 90 days

50:5050:50


Which program offers comprehensive financial counseling services to service members at no cost?Which program offers comprehensive financial counseling services to service members at no cost?

A. USAAA. USAA

D. Thrift Savings Plan (TSP) D. Thrift Savings Plan (TSP) C. Military OneSourceC. Military OneSource

B. AFCPE Military Spouse FellowshipB. AFCPE Military Spouse Fellowship

50:5050:50


Which TSP investment fund follows the Standard & Poor’s (S&P) 500 index for U.S. large company stocks?Which TSP investment fund follows the Standard & Poor’s (S&P) 500 index for U.S. large company stocks?

A. B FundA. B Fund

D. S Fund D. S Fund C. G Fund C. G Fund

B. C FundB. C Fund

50:5050:50


What is the maximum annual percentage rate (APR) limit allowed for predatory loans made to service members?What is the maximum annual percentage rate (APR) limit allowed for predatory loans made to service members?

A. 30%A. 30%

D. 42%D. 42%C. 39%C. 39%

B. 36%B. 36%

50:5050:50

Question 15 for $1 Million

What percentage of a VA disability must a former service member have in order to have dental care covered by the VA (assuming a dental injury is not part of the disability rating)?

What percentage of a VA disability must a former service member have in order to have dental care covered by the VA (assuming a dental injury is not part of the disability rating)?

A. 100%A. 100%

D. 25%D. 25%C. 50%C. 50%

B. 75% B. 75%

50:5050:50

Ask the Audience

Raise your hand for the letter of your choice when your teacher asks you to.

Would you like to try for ?$200$200

$100$100$100$100

Congratulations!Congratulations!

You have wonYou have won


$200$200$200$200




$300$300$300$300



Would you like to try for ?$1,000$1,000

$500$500$500$500




You are guaranteed $1000!







$2000$2000$2000$2000




$4000$4000$4000$4000




$8000$8000$8000$8000




$16000$16000$16000$16000




You are guaranteed $32,000!







$64,000$64,000$64,000$64,000




$125,000$125,000$125,000$125,000




$250,000$250,000$250,000$250,000



Would you like to try for ?$1 Million$1 Million

$500,000$500,000$500,000$500,000



$1,000,000$1,000,000 $1,000,000$1,000,000



Phone a Friend!

Which student in class

would you like to ask for help?

I’m Sorry!

That is not the correct answer!

military money millionaire ppt game

Education