All but which of the following groups are covered under social security?(1) Clergy(2) Federal employees hired before 1984(3) Railroad employees(4) Newspaper delivery persons under age 18

The CFP Certification Exam in the U.S. covers Retirement Planning and Employee Benefits as a major domain, focusing on qualified/non-qualified plans, Social Security, Medicare, and distribution strategies. It tests expertise in analyzing retirement needs, tax-advantaged savings options, and advising clients on maximizing benefits, typically comprising a significant portion of the 170-question, 6-hour exam.  Key Content Areas: Retirement and Employee Benefits Retirement Needs Analysis: Calculating required capital, retirement income goals, and analyzing factors like inflation and investment... Show more

The CFP Certification Exam in the U.S. covers Retirement Planning and Employee Benefits as a major domain, focusing on qualified/non-qualified plans, Social Security, Medicare, and distribution strategies. It tests expertise in analyzing retirement needs, tax-advantaged savings options, and advising clients on maximizing benefits, typically comprising a significant portion of the 170-question, 6-hour exam. 

Key Content Areas: Retirement and Employee Benefits
Retirement Needs Analysis: Calculating required capital, retirement income goals, and analyzing factors like inflation and investment returns.
Social Security & Medicare: Understanding benefits, eligibility, spousal benefits, and integration with retirement plans.
Qualified Retirement Plans: Knowledge of defined contribution (401k, 403b) and defined benefit plans, including fiduciary responsibilities and regulations (ERISA).
Individual Retirement Accounts (IRAs): Rules for Traditional IRAs, Roth IRAs, SEP-IRAs, and SIMPLE IRAs.
Non-Qualified Deferred Compensation: Understanding options for executives, such as stock options and deferred compensation agreements.
Retirement Plan Distributions: Strategies for withdrawals, required minimum distributions (RMDs), tax implications, and penalties.
Employee Benefits: Group life, health, disability insurance, and cafeteria plans (Section 125). 

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