Designing Qualified Plans - OH
Insurance Continuing Education in Ohio
$15.95
3 credit hours
* A roster fee of $1.00 per credit is required to file Insurance Continuing Education credit in Ohio. That fee is collected as part of your purchase and is then used to pay for the filling of your credits.
If purchased today, this course must be completed by:
December 31, 2024 (256 Days)
CE for CFP® Professionals
Professional Continuing Education
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:
- What the plan should accomplish for the company
- Who the plan should favor
- 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:
- The basis of suitable qualified plan recommendations
- The benefits that employers normally seek by establishing qualified plans
- The ways that plan design may differ for employers based on their size
- The basic characteristics of qualified plans
- How qualified plans meet specific employer needs
- How modifications to basic plans help qualified plan sponsors achieve their goals
- The importance of qualified plan data gathering
Exam Details
Course Details
Rules for Ohio Insurance Continuing Education
- Course material may not be downloaded.
- Exam is closed book.
- For all online and self-study courses there must be an exam which consists of a minimum of 10 exam questions per each hour of approved continuing education credit.
- All exam questions must be constructed in a four-alternative multiple choice format.
- Payment is required prior to accessing course materials.
- A provider shall prevent access to the course unit/chapter questions and final exam before the agent reviews the course materials in their entirety.
- An affidavit of personal responsibility must be completed prior to the processing of credits for continuing education. The affidavit is to be made available only after the course examination is successfully completed.
- Student information will not be sold or distributed to any third party without prior written consent of the student. Taking the course shall not constitute consent.
- The state of Ohio charges an additional fee of $1.00 per credit hour.
Provider Rules for Ohio Insurance Continuing Education
- A course will not be considered complete until all requirements of that course are fulfilled including the review of course material, completion of exam with a passing grade, and the receipt of any additional paperwork that may be required by your state Department of Insurance including but not limited to an Affidavit of Personal Responsibility.
- State and certification rules and regulations must be adhered to at all times. In the event of a conflict, the state or certification rules and regulations will always take precedent over any provider policies. Applicable rules of your state and/or certification are listed above.
- A final exam is required at the end of each course. All exams are multiple choice with the quantity of questions increasing exponentially depending on the number of hours available for credit. Each exam attempt will consist of a new set of randomly selected questions and answers.
- Courses are available for one year from the date of purchase unless otherwise indicated. This time frame may be impacted by course expiration dates, course content updates, or author/company restrictions on availability.
- In order to be eligible for a course refund, the student must request a refund in writing within one year of the purchase date. To be eligible for a refund, the course must be intact, meaning the student has not yet begun the course material. If the student is entitled to a refund, InsuranceStudy will refund the purchase price using the original method of payment. If the student has already started the course material, the student is eligible for an exchange to a different course of the same or greater value with any difference in price due at the time of the exchange. In the event the exam has been accessed, no refund shall be granted.
- Students cannot be guaranteed that they will receive a passing grade.
- Minimum System requirements are:
- Modern Browser, e.g.:
Microsoft Edge 81+
Mozilla Firefox 74+
Google Chrome 81+
Safari 12+ - Cookies enabled
- Javascript enabled
- Modern Browser, e.g.:
- Student information will not be sold or distributed to any third party without prior written consent of the student. Taking the course shall not constitute consent.
- Each exam must be answered with a minimum of 70% correct to achieve a passing grade. Some specialty certification or designation courses may have a higher passing standard and those exams will be subject to the higher requirement.
System Requirements
Full and proper functionality of our website and courses requires your browser to meet a few basic requirements, as described below. If this site is looking or behaving strangely, please check that your browser meets these requirements. If you would like help doing so, please call our customer support number. We will be happy to assist.