AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 75 Topic 8 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 75 Topic 8 Discussion

CWM_LEVEL_2 Exam Topic 8 Question 75 Discussion:
Question #: 75
Topic #: 8

Section B (2 Mark)

Commutation of pension up to a limit of _______________ is tax exempt in case the gratuity is also received.


A.

¼ of the pension


B.

1/3 of the pension


C.

½ of the pension


D.

¾ of the pension


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