VIP Exclusive
IRA Specialist VIP Practice Exam
IRA — This exam mirrors the Certified IRA Services Professional (CISP) examination issued by the American Bankers Association (ABA), a 100-question, 3-hour proctored exam covering Traditional, Roth, SEP, and SIMPLE IRAs, rollovers, distributions, beneficiary rules, and prohibited transactions. This is an original practice set modeled on that exam's scope and difficulty.
57
Questions
120m
Time Limit
75.00%
To Pass
Question 1 of 57👑 VIP
Margaret, age 45, earned $62,000 in wages during 2025 and contributed $7,000 to her Traditional IRA. She is NOT covered by a workplace retirement plan, but her husband IS covered by a 401(k) at work. Their combined modified adjusted gross income (MAGI) is $228,000. What is the maximum deductible IRA contribution Margaret may claim?
Questions 2–57 and full explanations are VIP-exclusive.