Encore Financial Group 2020 Trivia Week

Thank you for playing along in our Facebook Trivia week, January 6-10, 2020. Below is our list of winners, randomly selected, and associated prizes. You’ll also find each trivia question and the answers!

Randomly Selected Winners:

Dawn VanAmberg:  $20 Mims Gift Certificate

Emily Taylor:  Yeti Cup, Snow Brush, Hand Warmer

Kim Ecker Martinchek:   Yeti Cup, Snow Brush, Hand Warmer

Vanessa Mercer Schaefer:  Petoskey Golf Center 1 Hour Simulation

Trivia Questions:

Question:  What year was Encore Financial Group founded?

Answer:  November 2004 Dennis founded Encore Financial Group

Q:  If you’re younger than 65, you may still be eligible for Medicare, true or false.

A:  You qualify for full Medicare benefits under age 65 if:

  • You have been entitled to Social Security disability benefits for at least 24 months that need not be consecutive, or
  • You receive a disability pension from the Railroad Retirement Board and meet certain conditions, or
  • You have Lou Gehrig’s disease, also known as amyotrophic lateral sclerosis, which qualifies you immediately; or
  • You have permanent kidney failure requiring regular dialysis or a kidney transplant — and you or your spouse has paid Social Security taxes for a specified length of time depending on your age.

From:  https://www.aarp.org/health/medicare-insurance/info-04-2011/medicare-eligibility.html

Q:  While there are literally thousands of different types of mutual funds to choose from almost all of them fall into one of the following four categories, true or false?

Stock funds

Bond funds

Target Date fund

Money market funds

A:  True https://encorefinancialgroup.net/retirement/mutual-funds/

Question: How many times per calendar year does Encore Financial award $1,000 to a 501(c)(3) that applies or is nominated?

  1. Twice a year
  2. Six times a year
  3. Four times a year

Answer: Four times a  year https://encorefinancialgroup.net/nominate/

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