Overview
Financial professionals specializing in 401(k) plans can significantly enhance the financial security of the U.S. workforce at retirement and attract a steady stream of clients. This course provides an overview of 401(k) plans, helping professionals become trusted partners by understanding how these plans work and how to use them to meet clients’ retirement goals.
Learning Objectives
- identify the parties involved in establishing and maintaining a 401(k) plan
- demonstrate an understanding of the different contribution types and the annual limits that apply to contributions
- detail the rules for participants seeking to take a loan from their accounts
- cite the investment vehicles available to 401(k) plans
- explain permissible eligibility and vesting requirements
- know when participant distributions are permitted and or required; as well as any tax implications
Designed For
Life and health insurance producers; financial planners and advisors.
Find this course for your license:
License or Certification
Regulator
Type