CRPC – Chartered Retirement Planning Counselor
Exam Bank | Version 2 | 2025/2026 Edition | 90
Verified Questions & Correct Answers Chartered
Retirement Planning Counselor Certification | Expert-
Aligned Q&A | Exam-Ready Format
Introduction
The CRPC Exam Bank 2025/2026 Edition, Version 2, includes 90 fully updated
and verified questions with correct answers, designed to reflect the most frequently
tested concepts for exam success. This resource ensures mastery of retirement
planning strategies, ethics, and client-focused solutions.
Exam Coverage Includes:
• Retirement savings vehicles: IRAs, 401(k)s, 403(b)s, pensions, annuities
• Social Security and Medicare benefits planning
• Tax implications in retirement planning and income strategies
• Asset management and distribution planning
• Estate planning basics and beneficiary designations
• Ethical and professional standards for retirement planning counselors
• Client communication, suitability, and holistic planning approaches
Answer Format: All correct answers are highlighted in bold, accompanied by
concise rationales that explain financial principles and reinforce practical
application.
Content Area Overview: 90 Questions
,Content Area Questions Key Topics Weight
IRAs, 401(k)s, 403(b)s, 457
Retirement Savings
plans, SEP, SIMPLE,
Vehicles and 18 20%
pensions, annuities,
Qualified Plans
contribution limits
Claiming strategies,
Social Security and survivor benefits, spousal
15 17%
Medicare Benefits benefits, Medicare
enrollment, IRMAA
RMDs, Roth conversions,
Tax Implications and
18 tax-efficient withdrawals, 20%
Distribution Strategies
capital gains, NUA, QCDs
Asset allocation, sequence
Asset Management
of returns risk, portfolio
and Investment 12 13%
management, risk
Planning
assessment
Estate Planning and Wills, trusts, beneficiary
Beneficiary 12 designations, probate, estate 13%
Designations taxes, legacy planning
Code of ethics, fiduciary
Ethics, Professional
duty, suitability, client
Standards, and Client 15 17%
communication, disclosure,
Communication
conflicts of interest
1. A client has a 401(k) plan with an employer match of 50% on the first 6%
of contributions. If the client earns $100,000 and contributes 6%, what is the
total annual contribution to the plan?
, • A. $6,000
• B. $9,000
• C. $12,000
• D. $9,000
Correct Answer: D
Rationale: The client contributes $6,000 (6% of $100,000). The employer match
is 50% of $6,000 = $3,000. Total = $9,000.
Why Wrong: A is only employee contribution; B is employee contribution with
full 6% match (not 50%); C is incorrect calculation.
Reference: CRPC Exam Bank 2025/2026; qualified plans.
2. A client age 52 wants to maximize contributions to a traditional IRA for
2025. What is the maximum contribution?
• A. $6,500
• B. $7,000
• C. $8,000
• D. $10,000
Correct Answer: C
Rationale: For 2025, the IRA contribution limit is $7,000 with an additional
$1,000 catch-up contribution for individuals age 50 and older, totaling $8,000.
Why Wrong: A is incorrect; B is base limit without catch-up; D exceeds the limit.
Reference: CRPC Exam Bank 2025/2026; IRA contribution limits.
3. A client has both a traditional IRA and a 401(k) plan at work. For 2025,
what is the maximum combined contribution to these accounts?
• A. $7,000
• B. $23,000
, • C. $30,500 ($23,000 401k + $7,500 IRA)
• D. $34,500
Correct Answer: C
Rationale: The 401(k) limit is $23,000 plus $7,500 catch-up for age 50+; IRA
limit is $7,000 plus $1,000 catch-up. Combined max is $30,500 for age 50+
(assuming eligibility for both catch-ups).
Why Wrong: A is IRA only; B is 401k only; D overstates the limits.
Reference: CRPC Exam Bank 2025/2026; contribution limits.
4. Which of the following statements about a 403(b) plan is correct?
• A. Only for-profit employers can sponsor 403(b) plans
• B. 403(b) plans are available to employees of public schools and certain
tax-exempt organizations
• C. 403(b) plans have no contribution limits
• D. 403(b) plans are only for self-employed individuals
Correct Answer: B
Rationale: 403(b) plans are retirement plans for employees of public schools,
colleges, and certain tax-exempt organizations.
Why Wrong: A is incorrect as these are non-profit; C is false; D describes SEP or
SIMPLE plans.
Reference: CRPC Exam Bank 2025/2026; 403(b) plans.
5. A client is considering a Roth IRA conversion. Which statement about Roth
conversions is correct?
• A. Conversions are tax-free
• B. Converted amounts are taxable as ordinary income in the year of
conversion
• C. There are no income limits for conversions
Exam Bank | Version 2 | 2025/2026 Edition | 90
Verified Questions & Correct Answers Chartered
Retirement Planning Counselor Certification | Expert-
Aligned Q&A | Exam-Ready Format
Introduction
The CRPC Exam Bank 2025/2026 Edition, Version 2, includes 90 fully updated
and verified questions with correct answers, designed to reflect the most frequently
tested concepts for exam success. This resource ensures mastery of retirement
planning strategies, ethics, and client-focused solutions.
Exam Coverage Includes:
• Retirement savings vehicles: IRAs, 401(k)s, 403(b)s, pensions, annuities
• Social Security and Medicare benefits planning
• Tax implications in retirement planning and income strategies
• Asset management and distribution planning
• Estate planning basics and beneficiary designations
• Ethical and professional standards for retirement planning counselors
• Client communication, suitability, and holistic planning approaches
Answer Format: All correct answers are highlighted in bold, accompanied by
concise rationales that explain financial principles and reinforce practical
application.
Content Area Overview: 90 Questions
,Content Area Questions Key Topics Weight
IRAs, 401(k)s, 403(b)s, 457
Retirement Savings
plans, SEP, SIMPLE,
Vehicles and 18 20%
pensions, annuities,
Qualified Plans
contribution limits
Claiming strategies,
Social Security and survivor benefits, spousal
15 17%
Medicare Benefits benefits, Medicare
enrollment, IRMAA
RMDs, Roth conversions,
Tax Implications and
18 tax-efficient withdrawals, 20%
Distribution Strategies
capital gains, NUA, QCDs
Asset allocation, sequence
Asset Management
of returns risk, portfolio
and Investment 12 13%
management, risk
Planning
assessment
Estate Planning and Wills, trusts, beneficiary
Beneficiary 12 designations, probate, estate 13%
Designations taxes, legacy planning
Code of ethics, fiduciary
Ethics, Professional
duty, suitability, client
Standards, and Client 15 17%
communication, disclosure,
Communication
conflicts of interest
1. A client has a 401(k) plan with an employer match of 50% on the first 6%
of contributions. If the client earns $100,000 and contributes 6%, what is the
total annual contribution to the plan?
, • A. $6,000
• B. $9,000
• C. $12,000
• D. $9,000
Correct Answer: D
Rationale: The client contributes $6,000 (6% of $100,000). The employer match
is 50% of $6,000 = $3,000. Total = $9,000.
Why Wrong: A is only employee contribution; B is employee contribution with
full 6% match (not 50%); C is incorrect calculation.
Reference: CRPC Exam Bank 2025/2026; qualified plans.
2. A client age 52 wants to maximize contributions to a traditional IRA for
2025. What is the maximum contribution?
• A. $6,500
• B. $7,000
• C. $8,000
• D. $10,000
Correct Answer: C
Rationale: For 2025, the IRA contribution limit is $7,000 with an additional
$1,000 catch-up contribution for individuals age 50 and older, totaling $8,000.
Why Wrong: A is incorrect; B is base limit without catch-up; D exceeds the limit.
Reference: CRPC Exam Bank 2025/2026; IRA contribution limits.
3. A client has both a traditional IRA and a 401(k) plan at work. For 2025,
what is the maximum combined contribution to these accounts?
• A. $7,000
• B. $23,000
, • C. $30,500 ($23,000 401k + $7,500 IRA)
• D. $34,500
Correct Answer: C
Rationale: The 401(k) limit is $23,000 plus $7,500 catch-up for age 50+; IRA
limit is $7,000 plus $1,000 catch-up. Combined max is $30,500 for age 50+
(assuming eligibility for both catch-ups).
Why Wrong: A is IRA only; B is 401k only; D overstates the limits.
Reference: CRPC Exam Bank 2025/2026; contribution limits.
4. Which of the following statements about a 403(b) plan is correct?
• A. Only for-profit employers can sponsor 403(b) plans
• B. 403(b) plans are available to employees of public schools and certain
tax-exempt organizations
• C. 403(b) plans have no contribution limits
• D. 403(b) plans are only for self-employed individuals
Correct Answer: B
Rationale: 403(b) plans are retirement plans for employees of public schools,
colleges, and certain tax-exempt organizations.
Why Wrong: A is incorrect as these are non-profit; C is false; D describes SEP or
SIMPLE plans.
Reference: CRPC Exam Bank 2025/2026; 403(b) plans.
5. A client is considering a Roth IRA conversion. Which statement about Roth
conversions is correct?
• A. Conversions are tax-free
• B. Converted amounts are taxable as ordinary income in the year of
conversion
• C. There are no income limits for conversions
