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From “ Backdoor Twists And Mega Turns ,” page 24
1 . Which law said that an IRA converted into a Roth cannot be undone ? A . The Tax Cuts and Jobs Act of 2017 B . The SECURE Act C . SECURE 2.0 D . The Tax Increase Prevention and Reconciliation Act of 2005
2 . Which law made Roth conversions accessible to all taxpayers , even the wealthy ? A . The Tax Increase Prevention and Reconciliation Act of 2005 B . The Tax Cuts and Jobs Act C . The SECURE Act D . The SECURE 2.0 Act
From “ Safeguarding Business Assets During Divorce ,” page 29
3 . How can a couple ’ s divorce disrupt a business they own ? A . If there are fights over the children B . If there is bad publicity C . If employees and customers get subpoenaed and deposed D . If lawyer ’ s fees eat into profit
4 . Why should spouses sign confidentiality agreements about their business ? A . The business ’ s assets , liabilities , income and expenses can be exposed . B . A scorned spouse could make things public . C . Competitors could get their hands on proprietary information . D . All of the above .
From “ A Flexible Way To Reduce Equity Volatility ,” page 46
5 . The Calamos Growth and Income Fund investor share class has had a ___ beta to the S & P 500 since its inception in 1997 . A . 0.34 C . 0.78 B . 0.69
D . None of the above
6 . Why does Calamos and its team like convertible securities ? A . They typically generate higher income than their underlying equity . B . They dampen the risk in some equities . C . They can capture upside appreciation in rising markets . D . All of the above .
From “ Retirees Rally Around RILAs ,” page 49
7 . Last year , registered index-linked annuities saw sales of over ____, an increase of ___ from the prior year . A . $ 23 million , 18 % B . $ 23 billion , 15 % C . $ 47 billion , 15 % D . $ 50 billion , 18 %
8 . What customer trends have market watchers seen in RILAs ? A . It ’ s the only variable annuity category to keep posting quarterly sales records . B . Older clients like them more . C . They are not drawing in customers from other annuity products . D . Clients want them for a fixed-income allocation .
From “ Who ’ ll Manage Your Clients ’ Wealth When It Passes To Their Heirs ?,” page 54 9 . What is the most common concern named by the “ juggle generation ” ( those ages 45 to 54 )? A . Having enough money to retire comfortably B . Healthcare C . Ensuring children make good financial decisions D . None of the above
10 . Defining the legacy they want to leave was most important to what age group ? A . Those under 35 C . Those 45 to 54 B . Those 35 to 44 D . Those 65 to 74
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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 2024 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 . September 2024 Financial Advisor ( Volume 25 , Number 7 )
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