VIP Exclusive
RFC Registered Financial Consultant VIP Practice Exam
RFC — The Registered Financial Consultant (RFC) designation is awarded by the International Association of Registered Financial Consultants (IARFC), founded in 1984. Candidates must meet education, experience, and ethics requirements; the IARFC uses a competency-based assessment covering financial planning process, insurance, investments, tax, retirement, estate planning, and ethics. This practice set mirrors those content domains at exam-level rigor.
55
Questions
120m
Time Limit
70.00%
To Pass
Question 1 of 55👑 VIP
A 52-year-old client, Margaret, has a gross income of $180,000, contributes the maximum to her 401(k), and carries a $350,000 mortgage at 4.5% with 18 years remaining. She asks whether she should redirect her bonus of $25,000 toward paying down the mortgage or investing in a taxable brokerage account. Her marginal federal tax rate is 32%. What is the most financially sound framework for guiding this decision?
Questions 2–55 and full explanations are VIP-exclusive.