The SECURE Act - Securing a Better Future?

A three-hour analysis of the latest changes made to improve retirement and family savings.

$6.00 + your state filing fee

3 Credit Hours

This course favors L&H insurance agents but is applied as general credit for all agents.

COURSE DIFFICULTY

INTERMEDIATE
This course covers the following topics:
  • Provide an overview of the main savings plans Americans use to set themselves up for retirement, as well as a history of retirement savings in America.
  • The course will look at the main features of the SECURE Act and how they impact the retirement savings of Americans.
  • In addition, the course will examine other notable non-retirement provisions of the SECURE Act, before finishing with a discussion of the pros and cons of the Act.

Summary

Retirement planning in America has taken on a variety of forms over the course of history. Likewise, the type of work and the longevity of that work has continued to shift. To address this, individuals, employers, and lawmakers have frequently considered what the state of retirement looks like for Americans. This course will provide an overview of the main savings plans Americans use to set themselves up for retirement, as well as a history of retirement savings in America. Despite opportunities to save, however, many Americans are not financially prepared for their retirement years, as current trends and statistics will demonstrate. This is where the SECURE Act comes in. On December 20, 2019 Congress passed the Setting Every Community Up for Retirement Enhancement Act, known more commonly as the SECURE Act. The bill was mainly designed to ease the alarming retirement savings crisis, aiding Americans’ abilities to save for retirement. The course will look at the main features of the SECURE Act and how they impact the retirement savings of Americans. In addition, the course will look at other notable non-retirement provisions of the SECURE Act, before finishing with a discussion of the pros and cons of the Act.

Outline

1. Saving for the Future

1.1 Introduction

1.2 Purpose of the Course

1.3 Retirement Options

1.4 Individual Retirement Accounts

1.5 Employer-Sponsored Retirement Plans

1.6 Annuities

1.7 Summary

2. History of Retirement Planning in America

2.1 Introduction

2.2 Pension Plans and Social Security

2.3 Birth of Modern Retirement Planning

2.4 Economic Growth and Tax Relief Reconciliation Act

2.5 Pension Protection Act of 2006

2.6 Summary

3. The Need for Change

3.1 Current Retirement Trends and Statistics

3.2 Help from the SECURE Act

3.3 Summary

4. Individuals

4.1 IRA Contributions

4.2 IRA Distribution

4.3 Inherited IRAs and 401(k)s

4.4 Estate Planning

4.5 Summary

5. Businesses

5.1 Annuities

5.2 Annuity-Related Changes and Considerations

5.3 Small Businesses

5.4 Long-Term Part-Time Employees

5.5 Other Business Changes

5.6 Summary

6. Families

6.1 Birth and Adoption Statistics

6.2 Expectant Parents

6.3 Higher Education Statistics

6.4 Education Savings Plans

6.5 Kiddie Tax

6.6 Summary

7. Other SECURE Act Changes

7.1 Additional Provisions

7.2 Summary

8. Pros and Cons

8.1 Overview

8.2 Pros

8.3 Cons

8.4 Summary

FAQ

Q: What should I expect from this online course?

A: We use a unique system to help you learn the material easily. Our online courses present you with information in large type that is easy to read. We highlight key items in gray and quiz you after each chapter to make sure you are learning critical information. You may review the material as much as you want before taking your required online, multiple-choice exam. Passing the exam proves your proficiency in that subject to your state’s governing authority.

Q: Can I print my online course materials and test questions?

A: According to the state authority, it is not permissible to print or download any course material or exam questions. However, you are free to access all online courses from our website anytime.

Q: How long does it take to complete an online course?

A: The time required to complete an online course varies from student to student, but it roughly approximates the number of credit hours awarded for the course. You must pass an online, multiple-choice exam. Passing the exam proves your proficiency in that subject to your state’s governing authority.

Don't Take Our Word For It...

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Testing McTester
Jo Brann

Best course EVER!

I learned so much!

2 months ago

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