Question

All other things being equal, what is the best type of investment income?
A. Tax-deferred income fee-offset.
B. Tax-exempt income fee-only fee-based commission-only.
C. Tax-sheltered income.
D. Taxable income.
When seeking professional financial advice, _____financial planner is the most likely to offer unbiased advice.

Answer 1

Answer and Explanation:

The best type of investment income that is earned is tax-exempt that depend upon the commission only also the income that is spent should be bigger for the recipient

And at the time of seeking advice, the fee only should be likely to offer an unbiased advice because no other extra financial gains should be advised for an investment made except this professional fee

While the other options are ignored as they contain some interest regarding a commission for advising to their clients

Answer 2

The correct option is B.

The information is considered as follows:

• The best type of investment income should be earned is tax-exempt that based upon the commission only.
• Moreover, the income that is spent should be more or the recipient
• And at the time of taking the advice, the fee only should be likely to offer for an unbiased advice since no other additional financial gains should be advised for an investment made except this professional fee

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