CE Quiz Template - May 2020

As a subscriber to Financial-Planning.com, you can earn up to 12 hours of CE credit from the CFP Board and the Investments & Wealth Institute.

Please read the articles and answer the questions below. To find the related article, click on the hyperlinked title of the story – both online-only articles as well as stories published in the magazine.

You must answer 8 of the 10 questions correctly to qualify for CE credit.

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1. During which two months, during the time period from Jan. 1, 1998, through Dec. 31, 2019, did large-cap stocks see the best average returns? *This question is required.

2. During the same time period, which two months saw the best returns for commodities? *This question is required.

3. Which two months saw the best performance for small-cap stocks? *This question is required.

4. Over how many years, maximum, can a non-eligible designated IRA beneficiary spread out distributions from an inherited account, per the Secure Act? *This question is required.

5. For 2020, when is the deadline for clients to make 2019 IRA contributions? *This question is required.

6. The 10% early IRA distribution penalty is waived for up to what amount? *This question is required.

7. What is the maximum HSA contribution for a single 56-year-old client with self-only coverage in 2020? *This question is required.

8. Employers with SIMPLE IRA plans are generally required to match 3% of an employee’s salary. In which case below can the rate be as low as 1%? *This question is required.

9. Which of these bond funds would have had the lowest return for a client over the past decade? *This question is required.

10. If you liquidate client funds in order to maximize tax losses for clients, how long must you wait to reinvest the cash into a similar investment, per the IRS, in order for the client to benefit from this strategy? *This question is required.

Related Content: Worst bond fund returns of the decade

11. First Name *This question is required.

12. Last Name *This question is required.

13. CFP Board ID Learn more about CFP Board Certification

14. IMCA ID Learn more about IMCA Certification

15. Email Address *This question is required. This question requires a valid email address.

Continuing Education credit — May 2020