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On page 195 of the Summary of Commonly Tested Topics the question asks for the 2025 maximum pension benefit. The details include that the plan provides a retirement pension equal to the participants highest 3 consecutive years of compensation. The three highest years of comp are 130k, 350k and 150k. It's my understanding…
assets=liabilities + net worth, I’m a bit confused by this. Is this formula assuming that the credit card debt (liabilities) is a personal property (asset) on the other end. What if the debt was used to pay for a vacation, would this formula still apply? Does this formula only work if the liability is funding an asset?…
Hello, I accidently clicked "mark complete" not realizing they would go away. I need to uncheck them as I have not completed those sections yet! Is there a way to uncheck them so they go back to my current plan.
We continue our "How to" series with "How to use the CFFP username and tag guide." This video shows you how to use this guide to ensure your questions reach the correct person and your posts get the right visibility! https://players.brightcove.net/1107601868001/default_default/index.html?videoId=6370191371112 Let us know…
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