Designing Qualified Plans - OR

Insurance Continuing Education in Oregon

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$12.95

3 credit hours

If purchased today, this course must be completed by:
July 06, 2023 (365 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:25
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:1018432
Approved Title:Designing Qualified Plans
Approved Credits
3 credits in Life and Health
Provider:InsuranceStudy.com
Provider Number:8052
Topics Covered:Life and Health, Financial Planning, Life
Program Level:Advanced

Rules for Oregon Insurance Continuing Education

  • Course material may not be downloaded.
  • Exam is closed book.
  • Each agent must enroll for the course before having access to course material.
  • A student may not access the final exam prior to reviewing all course materials.
  • A review quiz is provided at the end of each chapter. The final exam may not be accessed until each review session has been successfully completed.
  • Oregon Administrative Rule 836-071-0225(1)(d) limits the number of hours a producer can complete per day to 8. You may NOT start and finish more than 8 hours of continuing education on the same day.
  • A course approved in part or in whole as correspondence requires a proctor to be present for the final exam. A correspondence course is any self-study course which includes printed materials as part of the program.
  • The state of Oregon charges an additional fee of $1.00 per credit hour.