Financial Planning Quiz

Financial Planning Quiz

To make the most of equity compensation, planning is needed. Test your knowledge of financial planning for stock options, restricted stock, restricted stock units, and employee stock purchase plans.

Please answer the following 10 questions. This quiz is also a course of study. The answer key links to content on the topic for follow-up reading. For in-depth courses of study that offer CE credits, see the myStockOptions Learning Center.

1. Why might a grant of restricted stock or restricted stock units (RSUs) be better than a grant of stock options?

2. For NQSOs, why do some financial planners often recommend waiting to exercise until near the end of the term?

3. Why might a grant of stock options be better than a grant of restricted stock/RSUs?

4. How long must you hold NQSO stock to have the gain taxed as long-term capital gain?

5. When does the capital gains holding period for restricted stock begin if you have not made a Section 83(b) election?

6. What is a concentrated stock position?

7. Charitable remainder trusts (CRTs) are a mainstay of estate planning that can play a role in financial planning for company stock. Which is not a type of CRT?

8. How can a drop in your company's stock price be good for your ESPP participation?

9. What is a Rule 10b5-1 trading plan?

10. What is the tax basis for shares of company stock you gift to a relative?

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All of our quizzes are also available through our custom stock plan sites and as part of our content licensing to companies. We can even customize our quizzes to fit your stock plans. This makes the quizzes a useful tool for education and communications when you award new grants, switch from options to restricted stock, or near a major vesting date. For details of our corporate services and licensing, email

Continuing Education Credits For CEPs, CFPs, and More

The Learning Center has courses and exams offering continuing education credits for Certified Equity Professionals, Certified Financial Planners and Certified Private Wealth Advisors (CPWA) and Certified Investment Management Analysts (CIMA) through the I&WI. Each course features articles, FAQs, and podcasts, woven into an interactive learning tool that teaches the topics in a memorable way. The answer key for each exam also links to relevant content on for further reading and review.

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