It's important to take care of children but there's someone else you should take care of first.

Correct! Only when you take care of yourself can you truly fully take care of others.

Our parents are very important people we care for, but there’s another important person that should be cared for first.

Yes, it's good to have others to lean on when you have so many people depending on you.

Yes, using your paycheck to pay yourself first and save for your retirement future is an excellent way to take care of yourself.

Best answer! By opening a Deferred Comp account, and by joining the Women's Roundtable, you'll make great strides in taking care of yourself first.

Correct, FMLA entitles eligible City employees to take unpaid, job- protected leave for specified family and medical reasons with continuation of City Health Benefits for up to twelve weeks of leave in a 12-month period.

Correct, there is an Employee Assistance Program (EAP) offered by the City of New York to its employees and their dependents. It gives them a helping hand by providing education, information, counseling and individualized referrals to assist with a wide range of personal and social problems.

Yes, with HCFSA City employees can pay for eligible out-of-pocket medical, dental, vision, and hearing expenses on a pre-tax basis, with deductions taken directly from salary. DeCAP allows City employees to pay for eligible dependent care expenses on a pre-tax basis, with deductions taken directly from paychecks.

Incorrect. If only that were true!

Correct! No one can ever take knowledge away from you.

Incorrect.

Incorrect. Your home or apartment is very important, and you can protect it by purchasing homeowners or renters insurance, but there is something more important!

Incorrect. A car is important and you need to purchase insurance, by law, however, there is something more important!

CORRECT! Your ability to work and earn a living for yourself and your family is most important. If you have a family or dependents, you need to protect your income should you become disabled or die. Check with your human resources department or union to see what disability or life insurance coverage you have already as a NYC employee. Then, seek professional advice to determine if you need to purchase additional insurance.

Right, spending without a big picture of what you can afford is like tightrope walking without a net, but that is only part of the answer.

That's right, you will be spending money in order of importance, but there is more to do.

Yes, you should build an emergency savings account for unexpected expenses, but there's a better answer.

You got it! Keeping track of your spending, prioritizing your spending and building an emergency savings account allow you to be in control of the purse strings. Budgeting is a big deal at the Women's Roundtable!

Wrong. Social Security may help you financially, but it won't help you be social within your social circles.

Incorrect. Social Security retirement benefits cannot be accessed until workers reach a specific age.

You're right! Social Security is based on contributions by you and your employer over your working lives. Social Security benefits are paid out based on a formula that takes into account earnings, indexed for inflation, and averaged over a 35 year period.

Incorrect. You can start taking Social Security benefit payments at age 62 but you are not required to take payments at that age.

Correct! And, delaying your Social Security benefits until a later age may give you a larger Social Security benefit payment.

True, Social Security may provide disability payments for a mental or physical impairment that keeps you from working. Your spouse, or children, may also be eligible. But this is just one of the benefits Social Security provides – there's a more complete answer.

Yes, even after you die, your spouse or children may also be eligible to receive a percentage of your Social Security benefits. But this is just one of the benefits Social Security provides – there's a more complete answer.

Absolutely – this is the most well-known benefit of Social Security. But this is just one of the benefits Social Security provides – there's a more complete answer.

Yes! This is the most complete answer. The beauty of Social Security is that it provides all three benefits outlined in the other answers: lifetime income for you, continued income for certain family members if you die, payments to you and your dependent children if your spouse dies, and disability payments for you or your survivors. That's why it's so important to annually review your estimated benefits and earnings record on the Social Security Website.

Sorry, this is not a good answer. Savings put into Deferred Comp should have a long-term horizon and not be thought of for immediate needs.

You're right! The main goal of Deferred Comp is to add a third source of retirement income in addition to your pension and Social Security.

This is not a good answer. You should use a regular savings account for things like weddings.

Yes - but this is not the best answer.

That's true - but this is not the best answer.

Right answer! But with Deferred Comp as a third source of income, in addition to your pension and Social Security, you can manage that.

Incorrect. Your family may be able to be your caregivers when you get older, but there is a better answer.

Wrong! You cannot plan for future health needs, although it is good to eat a healthy diet and stay active for overall well being. Some medical conditions cannot be avoided, so it is best to plan for future long-term care costs.

You are right! You can help prepare for your own long-term care needs through the purchase of long-term care insurance. It helps cover costs not covered by health insurance like in-home care, assisted living or nursing home care.