Financial Planner

Category - Retirement Savings and Income Planning

There are three investment considerations for retirement plans on the side of the client. Which item is not one of them?
  1. Personal Objectives
  2. Business Objectives
  3. Family Objectives
  4. Altruistic Objectives
Explanation
Answer: C - Family objectives are not one of the three investment considerations for retirement plans on the side of the client. Considerations include: personal objectives to maximize personal tax benefits of retirement benefits, achieving retirement income goals, and estate protection; business objectives are to reduce corporate income tax and reward valued employees; altruistic objects are to provide employees with retirement income, promote employee savings, and to provide flexible compensation.
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