New Numbers
What is the contribution limit for a Roth IRA?
$7,000
What should you do if a client texts account information to your personal cell phone? (Two actions)
1. Copy and paste the message into an email or MyRepChat to continue correspondence.
2. Take a screenshot and upload to Pinpoint.
If nothing changes, the 2026 Estate & Gift Tax Sunset will reset the exemption to?
~$7M
Where is the next Summer Olympics?
Los Angeles 2028
What is the ticker symbol for Harley Davidson
HOG
What is the HSA contribution limit for a family?
$8,550
What must be completed if you are recommending a Rollover, or if you are placing a trade in a brokerage account?
BIC Tool
The original reason for creating an income tax in the United States was to help fund what?
The Civil War
Who is the chair of the Federal Reserve?
Jerome Powell
What is the most expensive stock on the NYSE?
Berkshire Hathaway
What is the standard deduction for MJF?
$30,000
What form must you send with Schwab apps that you have to manually upload?
Form ADV Part 2B (Pinpoint)
Which document allows you to name someone to make healthcare decisions on your behalf if you become incapacitated?
Durable Power of Attorney for Healthcare
What is the largest island in the world?
Greenland
What are the three largest companies in the S&P?
Apple, Nvidia, Microsoft
How much can a single individual gift without incurring any gift tax?
$19,000
What is the net worth threshold to be considered a “qualified client?”
$1m under management
This is a separately identified fund or account that is maintained and operated by a section 501(c)(3) organization, which is called a sponsoring organization.
Donor-Advised Fund
Which company produces Ozempic?
Novo Nordisk
What is the 50yr S&P 500 average return (within 20bps)?
12.38%
What is the 401(k) contribution limit for a 40-year-old?
$23,500
What are the two steps with a check received from a client? (Timeframe & what to do with it).
1. Turned in by noon the following business day.
2. Upload to Pinpoint and fill out first few answers.
What is the RMD age for someone born in 1962?
75
For how much money did Elon Musk purchase Twitter?
$44B
What is the current Fed Funds Rate Range?
4.25-4.50%