The Retirement Planning Process

Overview

This CPE course can be purchased individually or as part of the Retirement Planning Certificate Program.

The SECURE Act is the first major legislation to revamp retirement plans in over a decade. The provisions and planning strategies to help your clients avoid unintended tax consequences on their estate and retirement plans have been implemented into this learning program.

Are you ready to help your clients set realistic expectations and goals? In this narrated PowerPoint video, Tom Tillery will teach you how to counsel your clients to set practical and realistic goals for retirement and financial independence.

In Part 1, you will learn the process of how to identify personal financial goals and resources, design financial strategies and make personalized recommendations to assist your client in achieving these goals.

Part 2 covers the regulatory and legislative environment surrounding retirement plans. You will learn the key rules and laws regulating retirement plans, including how ERISA and the Internal Revenue Code (IRC) govern qualified retirement plans and protect plan participants.

Note: This course has been updated for the Tax Cuts and Jobs Act ("Tax Reform").

Moderator, Tom Tillery
Thomas Neal Tillery, CFPr, AEPr, CLUr, ChFCr, CRPCr, LUTCF is Vice President and Chief Compliance Officer of Parakleter Financial, Inc. Parakleter provides integrated fee-for-service financial planning without asset management or product sales.

Highlights

Key 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

Prerequisites

None

Objectives

Learning Outcomes

• 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