In this two-part, 2-hour narrated PowerPoint video, Tom Tillery will teach you how to counsel your clients to set practical and realistic goals for retirement and financial independence.
Learning Objectives
Differentiate among the various types of personal financial planning engagements for financial independence ;Identify the elements that comprise the financial independence process ;Calculate the annual spending goal for financial independence;The requirements for who may participate in a qualified plan ;Which coverage test is made based on benefits provided under a qualified plan ;The requirements associated with top-heavy plans ;The benefits of an ERISA Section 404(c) election
Major Topics
Setting realistic expectations and goals ;The process of identifying personal financial goals and resources ;Design financial strategies;Making personalized recommendations ;The regulatory and legislative environment surrounding retirement plans;How ERISA and the Internal Revenue Code (IRC) govern qualified retirement plans and protect plan participants
