COURSE LEVEL:
Basic
COURSE DESCRIPTION:
The 2-hour course will examine how the 401(k) retirement plan works, and then takes the student through some of the contemporary and upcoming amendments, policies, and plans that will shape the future of the working class, and how they save for retirement.
LEARNING OBJECTIVES:
• Understand the present and future of the 401(k), and similar retirement plans
• Appreciate the advantages of such plans for ordinary people whose future would otherwise be insecure
• Weigh the disadvantages of 401(k) retirement plans
• Identify ways to invent and grow your 401(k) investment.
TOPICS COVERED:
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LESSON 1: BASICS OF 401(k) PLANS
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LESSON 2: BENEFITS AND DRAWBACKS
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LESSON 3: LEGAL REQUIREMENTS
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LESSON 4: PLAN FUNDING
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LESSON 5: DISTRIBUTIONS
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LESSON 6: TAXES AND YOUR 401(K) ACCOUNT
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LESSON 7: 401(K) INVESTING
REGULATORY REQUIREMENT:
Please see the state/regulatory requirement from the course catalog page.
SEAT TIME:
This course has been approved for 2 hours.
COURSE PRE-REQUISITE:
N/A
TESTING:
Quizzes: You will not be required to pass the quizzes in order to start the next lesson.
Final Exam: You will be required to pass the final exam with a 70% in order to receive course credit.
COURSE COMPLETION:
Upon successful completion of this course you will be able to print your certificate online.
ABOUT THE SUBJECT MATTER EXPERT:
Established in 1984, MGL provides full service Registration and Compliance services to broker/dealers and investment advisors. Services include: NASD, SEC, NFA, CFTC and multi-state Registration and Renewal services; preparation of Supervisory Procedures; Business Plans; Continuing Education services; Compliance Meetings; Financial Reporting; and Compliance Examinations. For RIA firms, we provide SEC and state registration/renewal services, Form ADV disclosures, Advisory Agreements, Supervisory Procedures, and Compliance Examinations. Leaders in Registration and Compliance, we go Above and Beyond!