CFG Study Guide 2026

Everything you need to pass the CFG exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.

📋 CFG Exam Format at a Glance

100
Questions
120 min
Time Limit
70.00%
Passing Score

📚 CFG Topics to Study (37)

Aging Process & Psychological Aspects · 9 cardsFinancial Planning for Older Adults · 9 cardsLegal & Regulatory Issues in Elder Care · 9 cardsRetirement Income & Estate Planning · 9 cardsAging Process & Psychological Aspects · 7 cardsAging Process & Psychological Aspects · 7 cardsAging Process & Psychological Aspects · 7 cardsAging Process & Psychological Aspects · 7 cardsFinancial Planning for Older Adults · 7 cardsFinancial Planning for Older Adults · 7 cardsFinancial Planning for Older Adults · 7 cardsFinancial Planning for Older Adults · 7 cardsLegal & Regulatory Issues in Elder Care · 7 cardsLegal & Regulatory Issues in Elder Care · 7 cardsLegal & Regulatory Issues in Elder Care · 7 cardsLegal & Regulatory Issues in Elder Care · 7 cardsRetirement Income & Estate Planning · 7 cardsRetirement Income & Estate Planning · 7 cardsRetirement Income & Estate Planning · 7 cardsRetirement Income & Estate Planning · 7 cardsSocial Security & Government Benefits for Older Adults · 7 cardsSocial Security & Government Benefits for Older Adults · 7 cardsSocial Security & Government Benefits for Older Adults · 7 cardsCFG Elder Financial Exploitation & Consumer Protection · 6 cardsCFG Elder Financial Exploitation & Consumer Protection · 6 cardsCFG Elder Financial Exploitation & Consumer Protection · 6 cardsCFG Healthcare & Long-Term Care Planning · 6 cardsCFG Healthcare & Long-Term Care Planning · 6 cardsCFG Healthcare & Long-Term Care Planning · 6 cardsFinancial Analysis & Reporting · 6 cards

✍️ Sample CFG Questions & Answers

1. Which government program is the primary payer for long-term care services in skilled nursing facilities for low-income older adults in the US?
Medicaid

Medicaid is the primary payer for long-term care services in skilled nursing facilities for individuals who meet income and asset eligibility requirements.

2. Which program provides cash assistance to low-income elderly and disabled individuals who have limited Social Security work history?
Supplemental Security Income (SSI)

SSI is a needs-based federal program providing monthly cash payments to aged, blind, or disabled individuals with limited income and resources.

3. What is 'elder financial exploitation' (EFE)?
The illegal or improper use of an older adult's funds, property, or assets by another person

Elder financial exploitation involves the illegal, unauthorized, or improper use of an older adult's resources by a trusted person, caregiver, family member, or stranger for personal gain.

4. An older adult rates her life as highly satisfying despite chronic pain and limited mobility. This phenomenon is known as:
The disability paradox or adaptation level effect

The disability paradox describes how people with severe disabilities often report high quality of life because they adapt their internal standards and comparison points over time.

5. An older adult moves into an assisted living facility and needs to spend down assets for Medicaid eligibility. Which asset is generally considered exempt?
Primary residence (if spouse still lives there)

A primary residence is generally exempt from Medicaid spend-down requirements when a community spouse continues to live in it.

6. Under the SECURE 2.0 Act, what is the new age at which RMDs must begin for individuals born between 1951 and 1959?
73

SECURE 2.0 raised the RMD starting age to 73 for individuals born between 1951 and 1959, and to 75 for those born in 1960 or later.

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Your CFG Study Path
1. Learn with Flashcards → 2. Drill Practice Tests → 3. Take the Full Exam Simulation
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