Medium Certified Financial Planner Practice Questions

152 free medium-difficulty Certified Financial Planner questions, drawn live from KomFi's calibrated bank. The exam backbone: the difficulty band where most scoring happens.

1. If he elects Net Unrealized Appreciation (NUA) treatment, which statement best describes the tax consequences?
2. To avoid a taxable lapse of a power of appointment, the withdrawal power should be restricted to the greater o
3. The Lindstrom household is evaluating two bonds for a portfolio. Bond A has a duration of 6 years. If interest
4. If they choose a cross-purchase agreement, how many total policies must be issued for all five partners?
5. Quince receives a gift of stock from his father. At the time… — What is Quince's recognized gain or loss on th
6. If Marlowe decides to execute a Roth conversion of exactly 10,000 in 2026, what amount must be reported as tax
7. If Ms. Voss later sells the stock for 9,000, what is the recognized tax consequence?
8. Mr. Darby gifted a 1,000,000 life insurance policy on his ow… — If Mr. Darby dies two years after making these
9. The Ainsley household is choosing between gifting 500,000 of… — What is the primary tax difference between the
10. The Marlowe household is comparing a 10,000 deduction to a 1… — What is the difference in the 'economic value'
11. If the client converts $20,000 to a Roth IRA, how much of that conversion is taxable?
12. Under the 2026 Standards of Conduct, if a CFP professional is charged with a felony, within what timeframe mus
13. If the investor is also subject to the 3.8% Net Investment Income Tax (NIIT), what is the taxable equivalent y
14. Which performance measure is most appropriate to evaluate this fund?
15. Which of the following is true?
16. Which of the following is true regarding his 2026 RMDs?
17. Which of the following instruments provides the most precise immunization match for this obligation?
18. Using the five-year front-loading election, what is the maximum the couple can contribute today without utiliz
19. To avoid a 'time trap' calculation, the CFP curriculum suggests that the client should exercise these options
20. If the daughter starts college in 5 years, what is the inflation-adjusted rate (i_real) to be used in the seri
21. What is the Sharpe Ratio?
22. How many total life insurance policies are required to fully fund this agreement?
23. According to the CFP exam curriculum, what is the 'crossover ceiling' heuristic he should use?
24. Ms. Brennan is separating from service and holds employer st… — What is the most significant bottleneck for th
25. The Fenwick family owns a business with 5 equal partners and… — How many total policies are required for this
26. Does Fenwick's 'fee-only' description comply with the Standards of Conduct?
27. An individual in the Calder household receives a gift of sto… — What is the tax consequence of this sale?
28. If the worker dies, what is the maximum monthly survivor benefit the spouse can receive?
29. According to the 2026 mastery framework, to what point should the executive exercise the ISOs to maximize the
30. Because of bond convexity, what is the most likely 'true' price change for the bond?

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