Taxation and Representation
Back to School
Completing the Customer
The Bonds that Hold Us
Getting the Word Out
100
Funds may be contributed to a Coverdell Education Savings Plan until this age of the beneficiary.
What is 18 years old?
100
Contributions to Educational Savings Plans are made under this tax basis.
What is an after-tax basis?
100
"How frequently will my investment in a Mutual Fund distribute Capital Gains?"
What is Annually?
100
These types of Bonds provide no periodic payments.
What is a Zero-Coupon Bond?
100
True or False: A Tombstone Ad may contain previous performance of the Fund, in increments of 1, 5, and 10 years.
What is False?
200
This entity must account for, and potentially pay taxes on, the payout of a Life Insurance Policy upon the death of the insured.
What is the insured's estate?
200
This percentile penalty is assessed for all non-qualified withdrawals from a 529 Plan.
What is 10%?
200
Variable Annuities should be offered as an option to a customer only after these accounts are maxed out in annual contributions.
What are pre-tax retirement plans?
200
This amount is received on the Maturity Date of a Bond.
What is $1,000?
200
An advertisement which has already been filed with FINRA and is about to be used to market a fund needs to be approved by this person.
What is the Principal?
300
This general withdrawal methodology is used by the government when calculating taxed funds from a mutual fund's withdrawal, if multiple purchases were made into the fund. (Assuming no other method was specified)
What is FIFO, or First in, First out?
300
This was the original name of the Coverdell Education Savings Plan.
What is an Education IRA?
300
A conservative 30-year-old teacher is investing a large inheritance, and does not have a foreseeable need to touch the funds. This range, roughly, of Bonds should be included in her diversified investment, in percentile format.
What is 15%-45%?
300
This company may issue a Bond's credit rating of "Baa".
What is Moody's?
300
This timeframe is the maximum time for which mail can be held for a customer without a specified reason.
What is 3 Months?
400
In this Month and Year, the Stock Market crashed, spurring the creation of the first Securities Act.
What is October, 1929?
400
This type of 529 College Savings Plan usually does NOT cover educational books, or room and board.
What is a Prepaid Tuition Plan?
400
This customer communication contains an amount of a specific security that is to be bought or sold.
What is a Market Order?
400
This U.S. Government Security has the longest available maturity.
What is a Treasury Bond (T-Bond)?
400
Name one of the two forms of advertisements allowed by SEC to be used during the Waiting Period.
What is the Tombstone Advertisement or the Omitting Prospectus?
500
This value is the maximum amount of pre-tax contributions that can be annually allocated into a SIMPLE IRA.
What is $12,500?
500
**DAILY DOUBLE** As of the end of year, 2017, these TWO Account types can allow for tax-benefit withdrawals in order to cover expenses for Elementary Education
What are The Coverdell Education Savings Account (ESA) and the 529 Plans?
500
A customer may buy this Option in order to protect a high-performance stock from Deflation.
What is a Put Option?
500
If the U.S. Dollar is weakening, Bond's overall Coupon Rates will generally have this type of movement.
What is "Decrease", or go down?
500
This Amendment to the Exchange Act gave the Over-the-Counter (OTC) Market the ability to be self-regulated.
What is the Maloney Amendment?
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