Self-study exam based on a thorough understanding of technical and research-based articles on the specific topics of: types of retirement plans; qualified plan rules and options; distribution rules and taxation; and client and planner attitudes, values, biases and behavioral finance.
- Compare retirement contribution amounts and retirement real consumption to quantify the possible tax savings generated by a qualifying Traditional IRA
- Model scenarios in which the compression in tax rates of the new tax law increases the number of outcomes where the Traditional IRA yields higher total consumption
- Inspect the influence of individual financial knowledge and financial behavior on the probability of experiencing financial distress
- Compare and contrast results that suggests financial literacy and positive behavior reduce financial distress stemming from simple financial matters