GET CE CREDIT BY TAKING OUR EXAMS
Access our CE tests on your smartphone with this QR code or on your desktop at www . fa-mag . com / ce _ center If you have any questions regarding the CE exams , please contact Trisha White at , trisha @ fa-mag . com .
From “ A Direct Impact ,” page 23 1 . Which of the following grants do not require IRS approval ?
A . Emergency assistance C . Distress assistance
B . Awards
D . All of the above
2 . When making grants to individuals in urgent need following a natural disaster , a foundation should ______ . A . Use the IRS Disaster Grant Table for grant size B . Make an objective evaluation as to need and grant size C . Coordinate with the Red Cross for maximum impact D . Wait two weeks to see where the real need is From “ Preparing Clients For The Risk Of Cognitive Decline ,” page 27 3 . A client ’ s cognitive decline should be addressed when ? A . When symptoms become obvious B . When family members bring it up C . In advance , just in case D . Never . It ’ s not an advisor ’ s business
4 . According to some advisors , how should clients anticipate collecting Social Security after a cognitive decline ? A . By identifying a substitute payee B . By setting up a trust C . By electing a power of attorney for Social Security D . By doing nothing From “ Displaying Mid-Cap Mojo ,” page 42 5 . What is the most common reason mid-cap companies “ fall off the rail ,” according to Jon Christensen ? A . They ’ ve got too much debt B . They endure stock market volatility C . They engage in M & A D . They have growth without a strategy
6 . What is the typical capitalization of mid-cap companies ? A . $ 500 million to $ 1 billion C . $ 2 billion to $ 10 billion B . $ 1 billion to $ 5 billion
D . $ 5 billion to $ 15 billion From “ Tax-Smart Wealth Transfer Tips For Clients In Late Old Age ,” page 45 7 . Why does a client ’ s asset allocation not matter when they ’ re in late old age ? A . Their time horizon is short . C . They ’ re using Roth IRAs . B . They ’ re in lower tax brackets . D . All of the above
8 . What else should you do for late-old-age clients seeking IRA tax minimization ? A . Look for charitable giving opportunities B . Identify a trusted family member who understands the bequest preferences C . Keep the client aware of tax liability increases spurred by changes in the law
D . All of the above From “ Inflation Lifts Tax Ceilings ,” page 48 9 . The top ordinary bracket for single filers now starts at ____, which is a __ year-over-year surge . A . $ 458,000 , 6 %. C . $ 682,125 , 7 % B . $ 578,125 , 7 %.
D . None of the above
10 . Because equities sank in 2022 , what happens to required minimum distributions ? A . They will fall for 2022 . B . They will rise for 2022 . C . They will fall for 2023 . D . They will rise for 2023 .
Webcast Library
Offering compelling topics from recognized industry leaders , educators and information providers .
Visit fa-mag . com / webcasts for more information and to register for CE approved webcasts .
Financial Advisor ( ISSN 1545-0163 , USPS 021-488 ) is published monthly by Charter Financial Publishing Network Inc ., 149 Avenue at the Common , Shrewsbury , NJ 07702 . Periodicals postage paid at Red Bank , NJ and additional mailing offices . Subscription Rates : $ 79 per year . Postmaster : Send all address changes to Charter Financial Publishing Network Inc ., P . O . Box 7550 , Shrewsbury , NJ 07702 . Copyright 2023 by Charter Financial Publishing Network Inc . Reproduction , photocopying or incorporation into any information-retrieval system for external or internal use is prohibited unless permission is obtained beforehand from the publisher in each case for a specific article . The subscription fee entitles the subscriber to one original copy only . Unauthorized copying is considered theft . November 2023 Financial Advisor ( Volume 24 , Number 9 )
NOVEMBER 2023 | FINANCIAL ADVISOR MAGAZINE | 57