VIP Exclusive

CFP Certification VIP Practice Exam

CFP — The CFPĀ® (Certified Financial Planner) exam is administered by the CFP Board of Standards and consists of 170 questions across two 85-question sessions (approximately 6 hours total); it covers 9 principal knowledge domains including retirement, tax, estate, investment, insurance, and financial planning principles, with a criterion-referenced passing standard (approximately 70% correct).

30
Questions
170m
Time Limit
70.00%
To Pass
Question 1 of 30šŸ‘‘ VIP

Margaret, age 52, is a self-employed consultant earning $180,000 annually. She has no employees and wants to maximize her retirement savings while minimizing current taxable income. Which retirement plan would allow her the HIGHEST total annual contribution for 2024?

Questions 2–30 and full explanations are VIP-exclusive.