fin
ly
Dashboard
Learn
Curriculum
Simulator
Leaderboard
Classes
About
Login
Sign Up
← Lesson
Personal Finance / CFP: A Day in the Life
Question 1 of 7
Multiple choice
What is a 'Required Minimum Distribution' (RMD), and why do CFPs need to know about it?
A minimum amount a client must invest each year
A mandatory annual withdrawal from traditional retirement accounts starting at age 73
The minimum fee a CFP must charge
A regulatory requirement for account diversification
Check answer
