Free CSI FP2 Practice Test & Real Exam Questions

Diana has begun receiving spousal support payments and child support payments from her ex-husband Bruce.
What tax planning issue should be of greatest concern to Diana?

What is the primary difference between a Life Income Fund (LIF) and a Registered Retirement Income Fund (RRIF)?

Julien will be making a spousal Registered Retirement Savings Plan contribution for his wife. When should Julien make this contribution, in order to lessen the impact of the three-year rule?

Firm YHZ is looking to hire an analyst that specializes in fundamental analysis and have been presented with the following candidates:
Analyst
Specialty/Evaluation Method
Annabelle
Analyzing investor behaviours
Boris
Studying past stock prices and volumes
Charles
Estimating stock value using economic factors
Dakota
Examining stock charts and identifying patterns and trends
Who will firm YHZ likely hire for this purpose?

Mr. and Mrs. Morrone are retired with two adult children, Joseph and Christine. The Morrones appointed Joseph as their power of attorney several years earlier but they have recently become concerned about him making decisions, particularly on some contentious family property. How can the Morrones address their concern?

The rights to spousal support for unmarried spouses is established by which legislative document?

Kienle has provided his advisor with the following information:
($)
Income last year
50,000
Pension adjustment last year
2,500
Unused contribution room from previous years
3,500
Assuming he has never over-contributed, what is the maximum amount that Kienle can put into his Registered Retirement Savings Plan without incurring a penalty?