Learn everything you need to know about designing and administering a compliant retirement plan. Required and elective courses will outline the different plan structures available, legal and regulatory requirements, contribution and distribution rules, and the unique responsibilities of plan sponsors, fiduciaries, service providers and other decision makers.
Overview of Retirement Plans
Plan sponsors have many options when designing a retirement plan. This course reviews the different plan structures available and all of the Internal Revenue Code (IRC) and ERISA requirements that retirement plans must meet to qualify for tax advantages.
Retirement Plan Investments and Vendor Management
Meet all the key players involved in designing, administering and growing a retirement plan. Review the unique responsibilities of plan sponsors, trustees, fiduciaries, retirement plan committees, investment consultants and managers, actuaries, recordkeepers and third-party administrators (TPAs), and learn how to manage relationships with each of these groups.
Take one elective course to earn the certificate, but get access to all three.
Defined Benefit Plans
This course covers defined benefit plan options available to plan sponsors, including the different pay- and service-related benefit formulas, plan funding responsibilities, investment decisions and risks, distribution methods and plan termination.
Defined Contribution Plans
A defined contribution plan offers great flexibility to the plan sponsor and places all investment risk on the participant. Study how profit-sharing plans, employee stock ownership plans (ESOPs), money purchase pension plans, employer-sponsored IRAs, simplified employee pension (SEP) plans and savings incentive match plans for employees (SIMPLE plans) provide different retirement savings opportunities to employees.
The 401(k) plan has emerged as the primary retirement savings plan for many employees because of the unique tax advantages it provides. This course looks at the many considerations when structuring and administering a compliant 401(k) plan.