Certified Financial Planner (CFP) Practice Exam · Question
Scenario 53: OAS clawback (recovery tax) starts (2024):
Threshold indexed. The correct answer is "~$90,997 income". This reflects the accepted standard for the cfp assessment and aligns with the official handbook for
Start free practice for Certified Financial Planner (CFP) Practice Exam
444 questions · no signup required · 40 free questions per day
Question: Scenario 53: OAS clawback (recovery tax) starts (2024):
Answer options: ✅ ~$90,997 income
- $50k
- $200k
- No clawback
Correct answer: ~$90,997 income
Explanation: Threshold indexed. The correct answer is "~$90,997 income". This reflects the accepted standard for the cfp assessment and aligns with the official handbook for this competency. The correct answer is "~$90,997 income". This capacity-fill scenario 53 reinforces the same competency for the cfp bank and follows the certified explanation standard.
Start free practice for Certified Financial Planner (CFP) Practice Exam
444 questions · no signup required · 40 free questions per day
More about Certified Financial Planner (CFP) Practice Exam
More for Certified Financial Planner (CFP) Practice Exam candidates
Ready to practice?
Free, no signup required. Build a wrong-question list as you go.
Start Free Certified Financial Planner (CFP) Practice Exam Practice →Related courses
Other Canadian certifications candidates often prepare for alongside this one.