Answersrated a crpc - Study guides, Class notes & Summaries

No other qualified plan or 403(b) - ANSWER Simple IRA or Simple 401(k) Younger employees benefit from years of contributions and compounding - ANSWER Profit sharing, SEP, or Tandem Plan Business has stable cash flow and owner willing to make annual financial commitment, but either unwilling or unable to commit more than 25% compensation - ANSWER Money Purchase or Target Benefit Plan to provid age-weighted plan

Mary Goodwin's financial situation is as follows: Cash/cash equivalents $15,000 Short-term debts $8,000 Long-term debts $133,000 Tax expense $7,000 Auto note payments $4,000 Invested assets $60,000 Use assets $188,000 What is her net worth? A)$111,000 B)$137,000 C)$122,000 D)$263,000 - ANSWER C At the end of last year, Bill Greer has the following financial information: Salaries$70,000Auto payments$5,000Insurance payments$3,800Food$8,000Credit card balance$10,000Dividends$1,100...

Core Satellite asset allocation - ANSWER 70-80% invested in broad index fund or etfs - remaining satellite consists of actively managed MFs in niches such as sector funds or alt investments like hedge funds Target Retirement Funds - ANSWER Mutual funds that are usually a fund of funds that allocate assets among stock, bond, and money market funds within the same fund family. Uses a specific year in mind. (Think of having