Designing Qualified Plans - CFP®

CFP® Certification CE

Take This Course

$20.00

2 credit hours

If purchased today, this course must be completed by:
December 31, 2022 (135 Days)

Description

Designing Qualified Plans to Meet Employer Objectives introduces students to the elements of qualified plan design to meet the needs of business owners. It discusses qualified plan design issues as they apply to both large and small companies. The emphasis, however, is on small company plans—specifically, qualified plans for those employers who have fewer than 25 employees.

The treatment of qualified plan design begins with a discussion of the characteristics of particular qualified plans in order to provide a foundation for the student to understand, in a general way, what they can accomplish for an employer. The focus of the course then changes to an examination of the three areas that employers need to address in deciding on the right plan. Those three areas involve:

  1. What the plan should accomplish for the company
  2. Who the plan should favor
  3. How much can be allocated to pay for the plan

Following a discussion of these three general areas of employer concern, the course looks at how to identify employer objectives. Finally, the student’s attention is focused on the more analytical aspects of plan design: matching the common employer objectives with the appropriate qualified plan. At the conclusion of this course, the student can be expected to understand:

  1. The basis of suitable qualified plan recommendations
  2. The benefits that employers normally seek by establishing qualified plans
  3. The ways that plan design may differ for employers based on their size
  4. The basic characteristics of qualified plans
  5. How qualified plans meet specific employer needs
  6. How modifications to basic plans help qualified plan sponsors achieve their goals
  7. The importance of qualified plan data gathering

Exam Details

Need Proctor?No
Question Count:20
Passing Grade:70%
Attempts to Pass:Unlimited
Note: If you choose to request additional credit types while taking this course, the number of exam questions and proctor rules may change to meet those credits' requirements.

Course Details

Course Number:216561
Approved Title:Designing Qualified Plans
Approved Credits
2 credits in CFP® General
Provider:InsuranceStudy.com
Provider Number:4717
Topics Covered:Life and Health Insurance, General Principles of Financial Planning, Life Insurance
Program Level:Advanced

Rules for CFP® Certification CE

  • Course material may be downloaded. Most online materials will have a PDF version available on your dashboard to download.
  • Exam is open book. You will not be able to access the online materials at the same time as the exam, but you may use your notes and the PDF download of the material, if that is available for your particular course.