CISP Exam questions and answers
rated A+ already passed
This created Traditional IRAs - correct answer ✔✔ Employee Retirement Security Act [ERISA]
What year were Traditional IRAs first offered? - correct answer ✔✔ 1975
Traditional IRA Plan Agreement Article I is about - correct answer ✔✔ Contributions
Traditional IRA Plan Agreement Article II is about - correct answer ✔✔ No forfeitability clause
Traditional IRA Plan Agreement Article III is about - correct answer ✔✔ IRA investment
restrictions
Traditional IRA Plan Agreement Article IV is about - correct answer ✔✔ Distribution Rules
Traditional IRA Plan Agreement Article V is about - correct answer ✔✔ Reporting
Responsibilities
Traditional IRA Plan Agreement Article VI is about - correct answer ✔✔ Controlling articles
Traditional IRA Plan Agreement Article VII is about - correct answer ✔✔ Amendments
Traditional IRA Plan Agreement Article VIII is about - correct answer ✔✔ Additional provisions
, Roth IRA Plan Agreement Article I is about - correct answer ✔✔ Contributions
Roth IRA Plan Agreement Article II is about - correct answer ✔✔ MAGI restrictions
Roth IRA Plan Agreement Article III is about - correct answer ✔✔ Nonforfeitability clause
Roth IRA Plan Agreement Article IV is about - correct answer ✔✔ IRA investment restrictions
Roth IRA Plan Agreement Article V is about - correct answer ✔✔ Distribution Rules
Roth IRA Plan Agreement Article VI is about - correct answer ✔✔ Reporting responsibilities
Roth IRA Plan Agreement Article VII is about - correct answer ✔✔ Controlling Articles
Roth IRA Plan Agreement Article VIII is about - correct answer ✔✔ Amendments
Roth IRA Plan Agreement Article IX is about - correct answer ✔✔ Additional provisions
2019 Roth MAGI limits for Single person - correct answer ✔✔ Full Contribution = ^ to $122k
Partial Contribution = $122k-$137k
Ineligible for contribution = over $137k
2019 Roth MAGI limits for MFJ - correct answer ✔✔ Full Contribution = ^ to $193k
Partial Contribution = $193k-$203k
Ineligible for contribution = over $203k
rated A+ already passed
This created Traditional IRAs - correct answer ✔✔ Employee Retirement Security Act [ERISA]
What year were Traditional IRAs first offered? - correct answer ✔✔ 1975
Traditional IRA Plan Agreement Article I is about - correct answer ✔✔ Contributions
Traditional IRA Plan Agreement Article II is about - correct answer ✔✔ No forfeitability clause
Traditional IRA Plan Agreement Article III is about - correct answer ✔✔ IRA investment
restrictions
Traditional IRA Plan Agreement Article IV is about - correct answer ✔✔ Distribution Rules
Traditional IRA Plan Agreement Article V is about - correct answer ✔✔ Reporting
Responsibilities
Traditional IRA Plan Agreement Article VI is about - correct answer ✔✔ Controlling articles
Traditional IRA Plan Agreement Article VII is about - correct answer ✔✔ Amendments
Traditional IRA Plan Agreement Article VIII is about - correct answer ✔✔ Additional provisions
, Roth IRA Plan Agreement Article I is about - correct answer ✔✔ Contributions
Roth IRA Plan Agreement Article II is about - correct answer ✔✔ MAGI restrictions
Roth IRA Plan Agreement Article III is about - correct answer ✔✔ Nonforfeitability clause
Roth IRA Plan Agreement Article IV is about - correct answer ✔✔ IRA investment restrictions
Roth IRA Plan Agreement Article V is about - correct answer ✔✔ Distribution Rules
Roth IRA Plan Agreement Article VI is about - correct answer ✔✔ Reporting responsibilities
Roth IRA Plan Agreement Article VII is about - correct answer ✔✔ Controlling Articles
Roth IRA Plan Agreement Article VIII is about - correct answer ✔✔ Amendments
Roth IRA Plan Agreement Article IX is about - correct answer ✔✔ Additional provisions
2019 Roth MAGI limits for Single person - correct answer ✔✔ Full Contribution = ^ to $122k
Partial Contribution = $122k-$137k
Ineligible for contribution = over $137k
2019 Roth MAGI limits for MFJ - correct answer ✔✔ Full Contribution = ^ to $193k
Partial Contribution = $193k-$203k
Ineligible for contribution = over $203k
