CISP cheat sheet
CISP · Keep the key ideas within reach.
IRA services: the account, transaction and reporting obligation
Identify the IRA type and transaction before processing.
Contribution eligibility and deductibility are different questions.
Match distributions to account, cohort and beneficiary conditions.
Keep servicing, advice and tax reporting responsibilities separate.
Distinguish goals, cash flow, liquidity and net worth.
Risk willingness and loss-bearing capacity are different inputs.
State saving timing, inflation and rate assumptions.
Tax, pension, estate and product-contract rules remain local and unverified.