From “ The Link Between Giving And Wellness ,” pg . 24 1 . A survey by the University of California , Berkeley found spending money on other people is ____. A . Associated with greater happiness B . Gives people financial comfort C . Not satisfying D . None of the above

2 . A blog by the Columbia University Irving Medical Center said generosity ____. A . Boosts the immune system C . Reduces blood pressure B . Reduces stress

D . All of the above

From “ High Earners Should Halt Pre-Tax 401 ( k ) And IRA Contributions ,” pg . 26 3 . According to Ed Slott , people with high incomes or ample assets in the future ____. A . Should stop contributing to pretax 401 ( k ) s and IRAs B . Should start contributing to pretax 401 ( k ) s and IRAs C . Should stop contributing to Roth 401 ( k ) s D . Should stop contributing to Roth IRAs

4 . In 2024 , a 24 % tax rate applies in incomes up to ____ for single filers . A . $ 182,100 C . $ 383,900 B . $ 191,950 D . $ 484,900

From “ Are Managed Futures Really The Best Diversifier ?,” pg . 47

5 . Roughly half of the Standpoint Multi-Asset Fund portfolio consists of ____. A . Low-cost ETFs and short-term T-bills B . Long bonds C . Real estate and private equity D . None of the above

6 . Why is it difficult to calculate turnover in a managed futures fund ? A . The securities are meant to be held over the long term . B . The futures contracts roll over every few months . C . They must be tax efficient . D . None of the above

From “ How To Analyze Rollover Options At Retirement ,” pg . 51

7 . What are some advantages of staying in a 401 ( k ), and not rolling over ? A . You can borrow against it . B . You can take penalty-free emergency withdrawals at younger ages . C . Most participants are in large plans with low fees . D . All of the above

8 . What are the advantages of rolling over from a 401 ( k ) into an IRA ? A . IRA accounts generally provide a much broader array of investment choices . B . You can borrow against IRAs . C . IRAs offer more offer protection from bankruptcy claims . D . None of the above

From “ Sell An Estate ’ s Collectibles The Right Way ,” pg . 54

9 . What ’ s one of the ways to maximize returns on your collectibles ? A . Get an accurate valuation . C . Consign them . B . Keep them in storage . D . None of the above .

10 . How do you protect yourself against collectibles scams ? A . Question unexpected offers . B . Check the legitimacy of buyer platforms . C . Protect your personal information . D . All of the above

From “ The Link Between Giving And Wellness ,” pg . 24

1 . Studies show it ’ s ____ that has the greatest effect on our happiness . A . How we use what we have B . How much we have C . How much we save D . How much we spend

2 . How does volunteering help families ? A . It can help them clarify their values . B . It can help them improve interpersonal relationships . C . It can help them learn new skills . D . All of the above .

From “ High Earners Should Halt Pre-Tax 401 ( k ) And IRA Contributions ,” pg . 26 3 . Roth IRA conversions are generally more effective if ___ are used to pay the tax . A . IRA funds

C . Both IRA funds and non-IRA funds

B . non-IRA funds

D . Tax refunds 4 . What does author Ed Slott mean by a “ maximum ” mentality ? A . Retirees should stop focusing on minimum distributions . B . They should remove as much as possible from retirement plans at lower tax rates . C . They should have as much in Roths as possible . D . All of the above .

From “ Are Managed Futures Really The Best Diversifier ?,” pg . 47

5 . Managed futures funds operated by commodity trading advisors can have management fees as high as ___ along with performance fees of ___. A . 2 %, 15 % C . 4 %, 25 % B . 3 %, 20 % D . 5 %, 25 %

6 . The Standpoint Multi-Asset Fund had a ___ Sharpe ratio from December 2019 through August 31 , 2024 . A . 0.39 C . 0.92 B . 0.45 D . 1

From “ How To Analyze Rollover Options At Retirement ,” pg . 51

7 . Why do retirees have to make pressing choices about rollovers ? A . Their investment time horizon has changed . B . Their healthcare expenses are lower . C . They have to take RMDs at age 71 . D . None of the above .

8 . IRA holders age 70½ or older can donate up to ___ to charities per year instead of using it for RMDs . A . $ 80,500 C . $ 105,000 B . $ 90,500 D . $ 120,000

From “ Sell An Estate ’ s Collectibles The Right Way ,” pg . 54

9 . What site provides a free database with 29 million auction results for various collectibles dating back to 1999 ? A . LiveAuctioneers B . Artnet C . Facebook D . None of the above .

10 . What are some of the popular platforms for selling collectibles ? A . eBay B . Amazon C . Heritage Auctions D . All of the above .

56 | FINANCIAL ADVISOR MAGAZINE | OCTOBER 2024 WWW . FA-MAG . COM