Directing Retirement Plans Part 1
This course is required to earn the following designations: RPA, CEBS
The RPA 1 Course is being extensively revised and a new Study Guide and textbook will be required reading for purposes of the CEBS program and the national exam. These materials will be available in the second quarter of 2024. The updates will be reflected in exams administered on or after July 15, 2024. These updates cover all modules of the course.
The course details below are for the exam being offered now through June 15, 2024.
This course initiates a discussion of the strategic importance of retirement plan design in addressing an organization’s need to systematically replenish its workforce, as well as in competitively rewarding its talent. The course provides context for understanding retirement plan design by outlining the defined contribution and defined benefit structures afforded preferential tax treatment as qualified plans. While providing a comprehensive overview of these structures, the course looks at which employer situations warrant use of various plan types and the compliance and operational issues that accompany use of these plans. In addition to commonly known plan types such as 401(k)s and profit-sharing plans, other specialty types of plans are introduced that are relevant for rewarding executive talent, nonprofit employees and governmental workers. Key plan issues such as fee transparency, legal risks and encouraging plan participation are also addressed.