Idfa Webinar: After The Final Settlement: Post-divorce Checklists And Business Development Opportunities

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Idfa Webinar: After The Final Settlement: Post-divorce Checklists And Business Development Opportunities

IDFA's November 2016 webinar discussed ways CDFA professionals can help clients transition from married to single. Watch the webinar on the IDFA website. Please complete the following quiz for one hour of CE credit for your CDFA designation. This quiz will be available until February 28, 2017. If you pass the quiz, you will receive a certificate to submit in your IDFA account when reporting the CE credit. Users have two attempts to pass the quiz. After two failed attempts, you will be locked out of the quiz. To unlock the quiz, please contact IDFA's customer service team to have the quiz reset within one business day. Users will be given one additional attempt after the quiz is unlocked.


Questions and Answers
  • 1. 
    The divorce decree can require payments to the non-employee spouse that the defined benefit plan does not allow.
    • A. 

      True

    • B. 

      False

  • 2. 
    The IRS penalty for withdrawals from IRAs awarded 'incident to' divorce is 10 percent.
    • A. 

      True

    • B. 

      False

  • 3. 
    By dividing an investment account by a specific percentage, spouses are most likely taking on investment risk.
    • A. 

      True

    • B. 

      False

  • 4. 
    A custodial parent cannot withdraw from a 529 plan for non-qualified expenses.
    • A. 

      True

    • B. 

      False

  • 5. 
    For Social Security, the primary claimant’s benefits are reduced when the spouse elects to receive spousal benefits.
    • A. 

      True

    • B. 

      False