AICPA PFPDesignation for an American Institute of Certified Public Accountants (AICPA) Professional Financial Planner.
AnnuityA life insurance contract sold by insurance companies, brokers, and other financial institutions. It is usually sold as a retirement investment.
Asset AllocationAn investment strategy that divides assets among major asset categories such as stocks, bonds, or cash, usually balancing risk and creating…
Asset ClassesA type of investment, such as stocks, bonds, or cash equivalents.
Average Final Compensation (AFC)Average final compensation (AFC) is the 12 highest consecutive quarters of a member’s earnable compensation divided by three.