VIP Exclusive
PFS Personal Financial Specialist VIP Certification Exam
PFS — The Personal Financial Specialist (PFS) credential is issued by the AICPA exclusively to licensed CPAs; the computer-based exam contains approximately 160 multiple-choice questions administered over 5 hours with a 75% passing threshold, covering personal financial planning, tax planning, investment planning, retirement planning, estate planning, risk management, and elder planning.
30
Questions
90m
Time Limit
75.00%
To Pass
Question 1 of 30👑 VIP
Margaret, age 62, is a single CPA considering early retirement. She has accumulated $1.2 million in a traditional IRA, $400,000 in a taxable brokerage account, and $180,000 in a Roth IRA (contributions: $90,000; earnings: $90,000). She needs $60,000 annually for living expenses. Her financial planner recommends she delay IRA withdrawals until age 73. Which withdrawal sequence is MOST tax-efficient during the gap years before mandatory distributions begin?
Questions 2–30 and full explanations are VIP-exclusive.