The first question for The Financial Riddler – 12/11/22, starts out as:
"Jerry is single and a 63 year-old retired Pennsylvanian. Californian with two assets".
Which is it? Pennsylvania? or California?
And then ends with "After 65, his employer plan picks up his out-of-pocket expenses."
I assume you mean "medical out-of-pocket expenses", because if my employer is picking up my out-of-pocket expenses, I'm buying a lot of stuff out of pocket! Food. Clothes. Entertainment. And that is not an unreasonable interpretation. If I were on a business trip, all of that might be paid for by my employer.
Of course, if Jerry is retired, he really doesn't have an employer does he?
If the questions are this vague and poorly formed, should we trust any of the others?
The first question for The Financial Riddler – 12/11/22, starts out as:
"Jerry is single and a 63 year-old retired Pennsylvanian. Californian with two assets".
Which is it? Pennsylvania? or California?
And then ends with "After 65, his employer plan picks up his out-of-pocket expenses."
I assume you mean "medical out-of-pocket expenses", because if my employer is picking up my out-of-pocket expenses, I'm buying a lot of stuff out of pocket! Food. Clothes. Entertainment. And that is not an unreasonable interpretation. If I were on a business trip, all of that might be paid for by my employer.
Of course, if Jerry is retired, he really doesn't have an employer does he?
If the questions are this vague and poorly formed, should we trust any of the others?