Crpc 1 - Study guides, Revision notes & Summaries

CRPC EXAM 1 2024 NEWEST ACTUAL EXAM QUESTIONS AND DETAILED CORRECT ANSWERS WITH RATIONALES ALREADY GRADED A+. Your client has asked you what sources exist for long-term care insurance. Which of the following are generally considered potential sources for the funds to cover at least some of the cost of long-term custodial care? - ANSWER- I. Medicaid II. health insurance III. Medicare IV. group long-term care insurance offered through employers -- I. III. IV These three are possibl...

CRPC (1)

CRPC PRACTICE EXAM 1 LATEST VERSION 2023 QUESTIONS WITH CORRECT DETAILED ANSWERS

CRPC PRACTICE EXAM 1 LATEST 2023 QUESTIONS WITH CORRECT DETAILED ANSWERS

CRPC Study Guide Questions with Revised Answers Types of rollovers available for IRA - Answer-1. Conduit 2. Direct 3. Indirect Conduit Rollover - Answer-An unofficial term for an IRA used to "park" a distribution from one qualified plan until it can be rolled over to another qualified plan. With a conduit IRA, the forward-averaging potential of the distribution can be preserved. Direct Rollover - Answer-A tax-free transfer of cash or other property between two qualified plans or IRAs,...

CRPC Practice Test Questions and Answers All Correct Discuss the use of a bucket strategy - Answer-- used to mitigate the sequence of returns risk by creating a bucket of cash or money market instruments for immediate cash flow needs, while also maintaining a diversified portfolio of more volatile assets with high potential returns for future needs. Discus the role that a single premium immediate annuity (SPIA) can plan in a clients retirement income portfolio - Answer-- the purchase of a...

CRPC Chapter 5 (1)

CRPC Practice Exam 1

CRPC MODULE 1 QUESTIONS AND VERIFIED ANSWERS|ALREADY GRADED A+