Small Business Retirement Plans and Ethical Practices

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Course Description:

Small businesses constitute an essential element of the U.S. economy. Approximately 30 million small businesses operate in the United States, making up the vast majority of employer firms in the country. Collectively, these small businesses employ nearly 80 million workers or approximately half of all private sector employees. This course is designed to review and clarify the diverse business structures and the benefit plans available to each.

Learning Objectives

Upon completion of this course the student will be able to:

  • Identify Small Business structures recognized by the IRS
  • Know federal law regulating qualified retirement plans including ERISA
  • Distinguish between Defined Benefit and Defined Contribution Qualified Plans and the basic characteristics and advantages of each type
  • Apply all applicable rules and fiduciary responsibilities
  • Introduce 401 (k) plans, Simplified Employee Pension IRAs; Simple IRAS
  • Select appropriate tax advantaged vehicles
  • Apply ethical rules and behavior
  • Be cognizant of insurance industry regulation
  • Avoid Unfair Marketing Practices
  • Navigate Ethical Dilemmas

CFP Credit Hours: 10

Course Details

Credit Hours





Last Updated:  January 2020
Provider:  Broker Educational Sales & Training, Inc.
Provider Number:  2155
Study Level:  Advanced
License Type:  Retirement Savings and Income Planning
Prerequisite:  Must read content before taking final exam
Monitor Required:  No
Number of Questions:  50
Passing Requirements:  70%
Retakes:  Unlimited