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CFP® Certification Exam Revisions
Simulated Exam
Test Session 3, Part 1, Question 7 - The correct answer is A. Simulated Exam - Test Session 2, Part 2, Question 38 - The question should read as follows .... Clarence Dowd purchased a deferred single-life annuity for $50,000. In eleven years, when Clarence retires at age 65, the annuity will pay him $1,000 per month for life (estimated to be 20 years). Approximately what amount will Clarence have to report as income from the annuity in the third year of payments?
Files
Volume 2 – Generation Skipping Transfer Tax are still current
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