Journal of Financial Planning CE Exam: June 2023

Self-study exam based on a thorough understanding of articles that include the topics of: Gift, estate, and GST tax compliance and calculation; Planning for special needs and circumstances; Social Security and Medicare planning; Distribution rules and taxation; and Retirement income and distribution strategies.

After reading and understanding the two articles required for this exam, the planner will:

• Understand how to incorporate future income taxes into an inheritance and how that works with 2 beneficiaries.
• Understand that the closer two beneficiaries are in future tax brackets, the less effective a coordinated estate plan will be in improving after-tax inheritance.
• Understand how a multiphase retirement withdrawal strategy can improve lifetime earnings after taxes due.

Competency Level: Foundational

FPA Competency: Critical Thinking

CFP Board Topic: Overview, Retirement Savings and Income Planning, Estate Planning

CFP Board CE Credit Hours: 1.0 CE